Clarity Metals Corp. Announces Closing of First Tranche of Non-Brokered Private Placement
(CSE: CMET, OTC: CLGCF, FSE: 27G0)
Clarity Metals Corp. Announces Closing of First Tranche of
Non-Brokered Private Placement
Vancouver, BC – November 21, 2025, Clarity Metals Corp. (“Clarity” or the “Company”) (CSE:
CMET, OTC: CLGCF, FSE: 27G0) announces that it has completed a first tranche (the “ First
Tranche”) of its non-brokered private placement (the “ Offering”) as previously announced on
October 23, 2025, pursuant to which it has issued:
• 1,234,000 non-flow through units in the capital of the Company (each, a “Unit”) at a price
of $0.075 per Unit for gross proceeds of $92,550 from the sale of the Units; and
• 11,190,667 flow through units in the capital of the Company (each, a “FT Unit”) at a price
of $0.09 per FT Unit for gross proceeds of $1,007,160.03 from the sale of the FT Units.
Each Unit will consist of one common share (each, a “ Share”) of the Company and one-half of
one transferable share purchase warrant (each whole warrant, a “ Warrant”). Each Warrant
entitles the holder to purchase an additional Share (each, a “Warrant Share”) of the Company at
an exercise price of $0.12 per Warrant Share for a period of three years from the date of closing of
the Offering.
Each FT Unit will consist of one critical fl ow-through common share of the Company and one-
half of one Warrant. Each Warrant entitles the holder to purcha se an additional Warrant Share
at an exercise price of $0.12 per Warrant Share for a period of three years from the date of closing
of the Offering.
The Company intends to use the proceeds of the Offering for the exploration of the Company’s
Fecteau Gold Project, located in the Province of Quebec, for marketing and for general working
capital purposes. Insiders may participate in the Offering.
The gross proceeds from the issuance of the FT Un its will be used to incur resource exploration
expenses which will constitute “Canadian exploration expenses” as defined in subsection 66.1(6)
of the Tax Act and “flow through critical mineral mining expenditures” as defined in subsection
127(9) of the Tax Act, which will be renounced with an effective date no later than December 31,
2025 to the purchasers of the FT Units in an ag gregate amount not less than the gross proceeds
raised from the issue of the FT Units.
In connection with the closing of the First Tranche, the Company paid an aggregate cash finders’
fees of $84,772.80 and issued 951,252 finder warrants (each, a “ Finder’s Warrant”) to certain
eligible finders. Each Finder’s Warrant enti tles the holder thereof to acquire one Share
(each, a “Finder’s Warrant Share”) at a price of $0.12 per Finder’s Warrant Share for a period of
three years from the date of closing of the Offering.
All securities issued in connection with the Offe ring will be subject to a statutory hold period
expiring four months and one day after closing of the Offering.
None of the securities sold in connection with the Offering will be registered under the United
States Securities Act of 1933, as amended, and no such securities may be offered or sold in the
United States absent registration or an applicable exemption from the registration
requirements. This news release shall not constitu te an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
About Clarity
Clarity Metals Corp. is a Canadian mineral exploration project generator company focused on the
acquisition, exploration and development of pr ecious and base metals projects. Clarity’s
exploration mandate is global and focused on co untries with established legal and regulatory
systems supporting mining investment. The Company is based in Vancouver, British Columbia,
and is listed on the CSE under the symbol “CME T”. To learn more about Clarity Metals Corp.
and its projects please visit www.claritymetals.com.
ON BEHALF OF THE BOARD
“James Rogers”
Chief Executive Officer
Tel: 1 (833) 387-7436
Email: [email protected]
Website: www.claritymetals.com
Forward-Looking Statements:
This news release includes certain “forward-looking statements” under applicable Canadian securities
legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other
factors that could cause actual results, performance, prospects, and opportunities to differ materially from
those expressed or implied by such forward-looking stat ements. Forward-looking statements in this news
release include, but are not limited to, statements with respect to the expectations of management regarding
the use of proceeds of the First T ranche and closing of additional t ranches of the Offering. Although the
Company believes that and the expectations reflected in the forward-looking information are reasonable,
there can be no assurance that such expectations will prove to be correct. Such forward-looking statements
are subject to risks and uncertainties that may cause ac tual results, performance or developments to differ
materially from those contained in the statements including that: the inabilit y of the Company to close
further tranches of the Offering; the proceeds of the Offering may not be used as stated in this news release;
and those additional risks set out in the Comp any’s public documents filed on SEDAR+ at
www.sedarplus.ca. Although the Company believes that the assumptions and factors used in preparing the
forward-looking statements are reasonable, undue reliance should not be placed on these statements, which
only apply as of the date of this news release, and no assurance can be given that such events will occur in
the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or
obligation to update or revise any forward-looking statement, whether as a result of new information, future
events, or otherwise.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor
disapproved of the contents of this press release.