") is pleased to announce that it has closed its previously announced private placement of
Capella Announces Closing of $1,500,000
Financing
NOT AN OFFER TO SELL OR A SOLICITATION TO BUY ANY SECURITIES IN
THE UNITED
STATES OF AMERICA
.
VANCOUVER, BC
,
Nov. 12, 2025
/CNW/ -
Capella Minerals Ltd.
(TSXV: CMIL) (FRA: N7D2)
("
Capella
" or the "
Company
") is pleased to announce that it has closed its previously announced
private placement of
October 8, 2025
and as amended
October 9, 2025
.
The Company has successfully completed the sale of an aggregate 30,000,000 units at a price of
C$0.05
per unit for gross proceeds of
C$1,500,000
. Each unit issued consists of one common
share and one share purchase warrant, each warrant entitling the holder to acquire an additional
common share for
$0.075
per share until expiry on
November 6, 2028
. The Company paid no
finder's fees in relation to the placement. Proceeds will be used for general and administrative
purposes and to continue to review and acquire potential future properties and projects.
All shares issued pursuant to the private placement are subject to a hold period trading restriction
that will expire on
March 7
, 2026.
Additionally, the Company wishes to announce that it has granted an aggregate 4,500,000 incentive
stock options to directors, officers and consultants. Of the 4,500,000 stock options granted,
4,300,000 options are granted to insiders and are exercisable for a period of 3 years at a price of
$0.10
until expiry
November 10, 2028
.
On Behalf of the Board of Capella Minerals Ltd.
"Eric Roth"
______________________
Eric Roth
, Ph.D., FAusIMM
President & CEO
About Capella Minerals Ltd
Capella is a Canadian exploration and development company with a focus on generating gold-copper
projects globally.
Capella announced on
September 2, 2025
, the signing of a Definitive Agreement with Turkish mining
company, Tümad Madencilik Sanayi Ve Ticaret A.S. ("Tümad"), for a staged earn-in on the
Company's portfolio of precious and base metal projects in Scandinavia. Tümad's minimum Year 1
investment commitment includes
12,000m
of diamond drilling on the Company's gold-copper projects
in the Central Lapland Greenstone Belt of northern
Finland
(
4,000m
) and copper-cobalt-zinc VMS
projects in central
Norway
(
8,000m
).
Capella also retains a carried 10% interest through to production on the Løkken copper-cobalt-zinc
VMS project of central
Norway
through a partnership with Teako Minerals Corp. ("Teako"). In
addition, Capella holds Net Smelter Royalties on the Savant Gold Project in
Ontario, Canada
(BeMetals Corp.) and the Central Finland Lithium Projects (Grit Metals Corp.), as a result of the
recent divestiture of non-core assets.
For additional information you are cordially invited to visit the Capella Minerals Ltd website at
www.capellaminerals.com
, or to contact
Karen Davies
, VP Communications and Corporate
Development, at Tel: +1.604.314.2662
Cautionary Notes and Forward-looking Statements
This news release contains forward-looking information within the meaning of applicable securities
legislation. Forward-looking information is typically identified by words such as: believe, expect,
anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature,
refer to future events. Such statements include, without limitation, statements regarding the future
results of operations, performance and achievements of Capella, including the timing, completion
of and results from the exploration and drill programs described in this release. Although the
Company believes that such statements are reasonable, it can give no assurances that such
expectations will prove to be correct. All such forward-looking information is based on certain
assumptions and analyses made by Capella in light of their experience and perception of historical
trends, current conditions and expected future developments, as well as other factors management
believes are appropriate in the circumstances. This information, however, is subject to a variety of
risks and uncertainties and other factors that could cause actual events or results to differ
materially from those projected in the forward-looking information. Important factors that could
cause actual results to differ from this forward-looking information include those described under
the heading "Risks and Uncertainties" in Capella's most recently filed MD&A. Capella does not
intend, and expressly disclaims any obligation to, update or revise the forward-looking information
contained in this news release, except as required by law. Readers are cautioned not to place
undue reliance on forward-looking information.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE
Capella Minerals Limited
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/November2025/12/c6346.html
%SEDAR: 00023195E
For further information:
Capella Contacts: Eric Roth, Email: [email protected], Karen
Davies, +1.604.314.2662
CO: Capella Minerals Limited
CNW 14:10e 12-NOV-25