Cupani closes 3.8$ million equity raise
LEGAL_47042530.1
CUPANI METALS CLOSES 2nd TRANCHE OF PRIVATE PLACEMENT FOR TOTAL
FINANCING OF $3.8M
TORONTO, ONTARIO – JUNE 27, 2025 – CUPANI METALS CORP. (“CUPANI” or the
“Company”) (CSE: CUPA) (OTCQB:CUPIF) is pleased to announce that it closed a second tranche of
the previously announced non- brokered private placement financing for aggregate gross proceeds of
C$901,298.23 (the “Offering”) comprised of the issuance of : (i) 4,578,847 flow-through units (the “FT
Units”) of the Company at $0.175 per FT Unit and (ii) 625,000 hard dollar units of the Company (the “HD
Units” and together with the FT Units, the “Offered Units”) at $0.16 per HD Unit. Together with proceeds
from the first tranche the Company has raised total proceeds of C$3,794,312.53 in the Offering.
Each FT Unit consisted of one common share (a “FT Share”) and one half of one common share purchase
warrant of the Company (each whole warrant, a “Warrant”), each Warrant exercisable at $0.30 at any time
prior to the day that is 24 months from the Closing Date , subject to the terms and provisions of an
acceleration clause. The FT Share and one-half Warrant comprising the FT Units will qualify as a “flow -
through share” for purposes of the Income Tax Act (Canada) (the “Tax Act”). Each HD Unit consisted of
one common share of the Company and one-half Warrant.
The gross proceeds from the Offering will be used by the Company on its 100% owned Blue Lake/Retty
Lake exploration project as well as for general working capital purposes. The gross proceeds from the
common shares comprising the FT Units will be used by the Company for “Canadian exploration expenses”
that are “flow-through critical mineral mining expenditures” (as such terms are defined in the Tax Act).
The Offered Units were issued by way of a private placement pursuant to exemptions from prospectus
requirements under applicable securities laws. The securities issued pursuant to the Offering are subject to
resale restrictions, including a hold period of four months and one day from the date of issuance, in
accordance with applicable Canadian securities laws.
In connection with the closing of the second tranche of the Offering, the Company paid aggregate cash
finder’s fees of $21,132.42 to certain finders.
About CUPANI
CUPANI Metals Corp. provides shareholders with long- term capital growth exposure by investing in
mineral exploration properties and other assets. The Company is listed on the CSE under the symbol
“CUPA”. To learn more about the Company please visit http://www.CUPANImetals.com.
Brian Bosse
Director and Chief Executive Officer, CUPANI Metals Corp.
+14168445712
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A
LEGAL_47042530.1
SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN THE UNITED STATES. THE
SECURITIES 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
U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE
SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE. THIS NEWS
RELEASE DOES NOT CONSTITUTE AN OFFER OR SALE OF SECURITIES IN THE UNITED STATES.
Forward-Looking Information
Certain of the statements made and information contained herein is "forward-looking information" within
the meaning of National Instrument 51- 102 – Continuous Disclosure Obligations of the Canadian
Securities Administrators. These statements and information are based on facts currently available to the
Company and there is no assurance that actual results will meet management's expectations. Forward -
looking statements and information may also be identified by such terms as "anticipates", "believes",
"targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers
its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not
guarantees of future performance and readers shou ld not place undue importance on such statements as
actual events and results may differ materially from those described herein. There can be no assurance that
such information will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such information. Accordingly, readers should not place undue reliance on forward -
looking information. The forward- looking statements in this news release include without limitation,
statements with respect to the anticipated use of proceeds from the Offering. All forward- looking
information contained in this press release is given as of the date hereof, and is based on the opinions and
estimates of management and information available to management as of the date hereof.
These statements are based upon assumptions that are subject to significant risks and uncertainties,
including risks regarding commodity prices, market conditions, availability of financing to the Company
on acceptable terms, gross proceeds are used in accordance with the Tax Act, general economic factors,
and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of
factors, the actual results, expectations, achievements or performance of the Company may differ materially
from those anticipated and indicated by these forward- looking statements. Any number of factors could
cause actual results to differ materially from these forward -looking statements as well as future results.
Although the Company believes that t he expectations reflected in forward -looking statements are
reasonable, they can give no assurances that the expectations of any forward-looking statements will prove
to be correct. The Company disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events, or otherwise, except as may be required
by applicable securities laws.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility
for the adequacy or accuracy of this release.