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2772 chemin Sullivan
Val-d’Or, QC J9P 0B9
CLEGHORN MINERALS ANNOUNCES OVERSUBSCRIPTION
TO PRIVATE PLACEMENT FINANCING
Val-d’Or, Québec, June 25, 2026 – Cleghorn Minerals Ltd . (TSX -V:CZZ) ( “Cleghorn” or the
“Company”) announces that, further to its news release of June 4, 2026, it has increased the size of its
previously announced non-brokered private placement offering such that it will issue up to 9,166,667
Units at a per Unit price of $0.06 for gross proceeds of up to $550,000 (instead of 6,666,667 Units for
gross proceeds of up to $400,000, as previously announced). Each Unit will consist of one common share
in the capital of the Company and one non-transferable share purchase warrant, each warrant entitling the
purchase of one common share at a per share price of $0. 10 for three years from the date of issuance of
the securities.
The offering is subject to acceptance by the TSX Venture Exchange. Directors and/or officers of
Cleghorn will participate in the offering.
The proceeds raised from this offering will be used by the Company for general corporate purposes. All
securities issued will be subject to a hold period of four months and one day from the date of closing of
the offering in accordance with applicable securities legislation and the policies of the TSX Venture
Exchange.
About Cleghorn Minerals Ltd.
Cleghorn is a junior mineral exploration company with a 100% interest in the Meech Lake - Matachewan
Prospect, a property located in northeastern Ontario, subject to an aggregate 3.5% NSR.
For additional information, please contact:
Glenn J. Mullan, President, Chief Executive Officer and Director
Telephone: (819) 824-2808 – Head Office
(514) 835-8384 – Cell
Forward Looking Statements:
This news release contains certain statements that may be deemed “forward -looking statements. Forward looking
statements are statements that are not historical facts and are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions,
or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the
expectations expressed in such forward -looking statements are based on reasonable assumptions, such statements
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are not guarantees of future performance and actual results or realities may differ materially from those in forward
looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s
management on the date the statements are made. Except as required by law, the Company undertakes no obligation
to update these forward -looking statements in the event that management’s beliefs, estimates or opinions, or other
factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND
DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY
OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE
NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD
IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.