Adamera Announces Financing

TSX V: ADZ; OTC: DDNFF

News Release: 23-13

Adamera Announces Financing

Not for dissemination in the United States or through U.S. newswires

Vancouver, British Columbia, December 5, 2023 - Adamera Minerals Corp. (TSX-V: ADZ;

OTC: DDNFF) announces a non-brokered non-flow-through financing of 4,000,000 units at

$0.05 per unit for gross proceeds of $200,000. Each unit is priced at $0.05 and will consist of one

common share and one common share non-transferable warrant, with each warrant entitling the

holder to purchase one common share at a price of $0.10 for a period of two years.

The securities issued pursuant to the private placement will be subject to a four-month hold

period. Insiders will likely participate in this financing. The Company intends to use the

proceeds from the financing for exploration work and corporate operations.

The financing is subject to certain conditions including, but not limited to, the receipt of all

necessary approvals including the approval and acceptance by the TSX Venture Exchange.

About Adamera

Adamera Minerals Corp. is exploring for a high-grade gold deposit near Republic Washington.

This area has reportedly produced 8 million ounces of gold. Adamera is the dominant regional

explorer in the area.

On behalf of the Board of Directors,

Mark Kolebaba

President & CEO

For additional information please contact:

Email: [email protected]

Website: www.Adamera.com

Phone: (604) 689-2010

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy

or accuracy of this release. Statements in this press release, other than purely historical

information, including statements relating to the Company’s future plans and objectives or

expected results, may include forward-looking statements. Forward-looking statements are

based on numerous assumptions and are subject to all of the risks and uncertainties inherent in

resource exploration and development. As a result, actual results may vary materially from those

described in the forward-looking statements.