Azarga Metals Announces Non-Brokered Private Placement
AZARGA METALS CORP.
UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA
www.azargametals.com
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
FOR IMMEDIATE RELEASE TSX-V: AZR
AZARGA METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
January 12, 2026 – Vancouver, B.C. – AZARGA METALS CORP. ("Azarga Metals" or the
“Company”) (TSX-V:AZR) is pleased to announce a non- brokered private placement (the
“Private Placement”) of up to 10,000,000 units (the “Units”) at a price of $0.10 per Unit, for gross
proceeds of up to $1,000,000. Each Unit consists of one common share of the Company and one-
half of one share purchase warrant (each whole share purchase warrant, a “ Warrant”). Each
Warrant entitles the holder to purchase one common share of the Company (each a “ Warrant
Share”) at a price of $0. 20 per Warrant Share for a period of two (2) years from closing of the
Private Placement.
Finder’s fees may be payable on the Private Placement, subject to the acceptance of the TSX
Venture Exchange (the “Exchange”).
The Company intends to use the proceeds of the Private Placement to prepare an exploration
program on the Company’s 100% owned high-grade copper-rich VMS Marg project located within
the Keno Hill Silver District of the Yukon Territory and general working capital purposes.
The securities issued in connection with the Private Placement will be subject to a four-month and
one-day hold period under applicable securities laws. The Private Placement is subject to certain
conditions including, but not limited to, the receipt of all necessary regulatory and other approvals
including the approval of the Exchange.
AZARGA METALS CORP.
Gordon Tainton,
President and Chief Executive Officer
For further information please contact: Ben Meyer , at +1 604 536 -2711 ext. 1 or visit
www.azargametals.com. The address of the corporate office of Azarga Metals is Unit 1 - 15782
Marine Drive, White Rock, BC V4B 1E6, British Columbia, Canada.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution to US Investors
The securities referred to in this news release have not been and will not be registered under the
United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any state
securities laws and may not be offered or sold within the United States or to, or for the account or
benefit of, U.S. persons absent registration under the U.S. Securities Act and applicable state
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AZARGA METALS CORP.
UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA
www.azargametals.com
securities laws, unless an exemption from such registration is available. This news release does
not constitute an offer to sell securities, nor a solicitation of an offer to buy any securities. Any
public offering of securities in the United States must be made by means of a prospectus
containing detailed information about the company and management, as well as financial
statements. “United States” and “U.S. person” have the respective meanings assigned in
Regulation S under the U.S Securities Act.
Forward Looking Statements
This news release contains forward looking statements within the meaning of applicable securities
laws. The use of any of the words “ambition”, “estimate”, “concluded”, “offers”, “objective”, “may”,
“will”, “should”, “potential” and similar expressions are intended to identify forward looking
statements. In particular, this news release contains forward looking statements concerning the
completion of the Private Placement, the intended uses of the proceeds of the Private Placement,
regulatory acceptance of the Private Placement, and the results of exploration on the Marg
Project. Although the Company believes that the expectations and assumptions on which the
forward looking statements are based are reasonable, undue reliance should not be placed on
the forward looking statements because the Company cannot give any assurance that they will
prove correct. Since forward looking statements address future events and conditions, they
involve inherent assumptions, risks and uncertainties. Actual results could diffe r materially from
those currently anticipated due to a number of assumptions, factors and risks. These assumptions
and risks include, but are not limited to, assumptions and risks associated with the state of equity
financing markets, and results of future exploration activities by the Company. Management has
provided the above summary of risks and assumptions related to forward looking statements in
this news release in order to provide readers with a more comprehensive perspective on the
Company’s future operations. The Company’s actual results, performance or achievement could
differ materially from those expressed in, or implied by, these forward looking statements and,
accordingly, no assurance can be given that any of the events anticipated by the forward looking
statements will transpire or occur, or if any of them do so, what benefits the Company will derive
from them. These forward looking statements are made as of the date of this news release, and,
other than as required by applicable securities laws, the Company disclaims any intent or
obligation to update publicly any forward looking statements, whether as a result of new
information, future events or results or otherwise.