DLP.V · 2025-06-26 12:00:00

DLP Resources Announces Closing of $7.5 Million Brokered and Non-Brokered Private Placements

Financings

DLP Resources Announces Closing of $7.5 Million Brokered

and Non-Brokered Private Placements

Cranbrook, British Columbia, (Newsfile Corp. – June 26, 2025) DLP Resources Inc. (“DLP” or the

“Company”) (TSXV:DLP) (OTCQB:DLPRF) is pleased to announce that it has closed its previously

announced private placement offering s, comprised of a brokered offering for gross proceeds of

$5,889,264.90 (the “ Brokered Offering ”) and a non -brokered offering for $ 1,633,697.70 in gross

proceeds (the “Non-Brokered Offering” and together with the Brokered Offering, the “Offering”), for

aggregate gross proceeds to the Company of $ 7,522,962.60. The Brokered Offering was led by

Paradigm Capital Inc. as agent (the “Agent”).

Pursuant to the Offering, the Company issued an aggregate of 25,076,542 units of the Company

(“Units”) at an issue price of $0. 30 per Unit (the “Offering Price”), comprised of 19,630,883 Units

issued under the Brokered Offering and 5,445,659 Units issued under the Non -Brokered Offering.

Each Unit is comprised of one common share of the Company (a “ Common Share”) and one-half of

one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle

the holder thereof to purchase one Common Share (a “Warrant Share”) at an exercise price of $0.45

per Warrant Share for a period of 3 years from the closing of the Offering.

The net proceeds from the Offering will be used for exploration and the completion of a 43 -101

compliant Preliminary Economic Assessment report for the Company’s Aurora Property, general

working capital and corporate purposes.

In connection with the Brokered Offering, the Agent received an aggregate cash fee of $284,518.15.

In addition, the Company issued to the Agent 902,502 non-transferable broker warrants (the “Broker

Warrants”). Each Broker Warrant will entitle the Agent to purchase one Common Share at the

Offering Price for a period of 24 months following the closing of the Offering. In addition, the

Company paid a cash fee of $695.88 to a finder in connection with the Non-Brokered Offering.

The Units issued under the Offering were issued on a private placement basis pursuant to the listed

issuer financing exemption under Part 5A of National Instrument 45 -106 – Prospectus Exemptions,

and as such will not be subject to resale restrictions under applicable Canadian securities laws. The

Offering is subject to the final approval of the TSX Venture Exchange.

This news release does not constitute an offer to sell or a 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.

About DLP Resources Inc.

DLP Resources Inc. is a mineral exploration company operating in Peru and Southeastern British

Columbia exploring for Base Metals and Cobalt. DLP is listed on the TSX-V, trading symbol DLP and on

the OTCQB, trading symbol DLPRF. Please refer to our web site www.dlpresourcesinc.com for

additional information.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE

UNITED STATES

FOR FURTHER INFORMATION PLEASE CONTACT:

DLP RESOURCES INC.

Ian Gendall, President and Chief Executive Officer

Derek White, Chairman

Jim Stypula, Lead Director

Robin Sudo, Corporate Secretary and Land Manager

Maxwell Reinhart, Investor Relations

Telephone: 250-426-7808

Email: [email protected]

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.

Forward Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian

securities legislation. “Forward-looking information” includes, but is not limited to, statements with

respect to the activities, events or developments that the Company expects or anticipates will or may

occur in the future, including the anticipated use of proceeds of the Offering . Generally, but not

always, forward-looking information and statements can be identified by the use of words such as

“plans”, “ex pects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,

“anticipates”, or “believes” or the negative connotation thereof or variations of such words and

phrases or state that certain actions, events or results “may”, “could”, “wo uld”, “might” or “will be

taken”, “occur” or “be achieved” or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including

among others, that the Company will be able to utilize the proceeds of the Offering as anticipated .

Although the assumptions made by the Company in providing forward-looking information or making

forward-looking statements are considered reasonable by management at the time, there can be no

assurance that such assumptions will prove to be accurate and actual results and future events could

differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from the Company’s plans or

expectations include risks relating to the inability of the Company to use the proceeds of the Offering

as anticipated, market conditions and timeliness of regulatory approvals. Although the Company has

attempted to identify important factors that could cause actual results to differ materially from those

contained in the forward-looking information or implied by forward -looking information, there may

be other factors that cause results not to be as anticipated, estimated or intended. There can be no

assurance that forward -looking information and statements will prove to be accurate, as actual

results and future events could differ materially fr om those anticipated, estimated or intended.

Accordingly, readers should not place undue reliance on forward-looking statements or information.

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