Domestic Metals Announces Non-Brokered Private Placement and Change of CFO and Corporate Secretary
**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO
UNITED STATES NEWS WIRE SERVICES**
DOMESTIC METALS
News Release May 27, 2025
Domestic Metals Announces Non-Brokered Private Placement
and Change of CFO and Corporate Secretary
FOR IMMEDIATE RELEASE . Vancouver, British Columbia (Globe Newswire) : Domestic
Metals Corp. (the “Company” or “ Domestic”) - (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E)
announces a non-brokered private placement of up to 13,043,478 units (the "Units") at a price of
$0.23 per Unit (the "Offering") for gross proceeds of up to $3,000,000. Each Unit will consist of
one common share of the Company (a "Share") and one -half of one common Share purchase
warrant (a "Warrant"). Each whole Warrant entitles the holder to acquire one additional Share of
the Company for a period of three years from the date of issuance at a price of $0. 33 per Share.
Expiry of the Warrants may be accelerated if the closing price of the Company’s Shares on the
TSX Venture Exchange (“TSXV”) is equal to or greater than $0.60 for a minimum of twenty
consecutive trading days and a notice of acceleration is provided in accordance with the terms of
the Warrants.
Insiders may participate and finders’ fees may be payable to qualified arm's length parties that
have introduced the Company to certain subscribers participating in the Offering. All securities
issued in the Offering are subject to a four -month hold period, during which time the securities
may not be traded. Closing of the Offering is subject to the approval of the TSXV.
The net proceeds from the Offering are intended for exploration of the Company’s Smart Creek
Property, in Montana, U.S.A., and for general working capital.
This press release does not constitute an offer of sale of any of the foregoing securities in the
United States. None of the foregoing securities have been and will not be registered under the U.S.
Securities Act of 1933, as amended (the “1933 Act”) or any applicable state securities laws and
may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons
(as defined in Regulation S under the 1933 Act) or persons in the United States absent registration
or an applicable exemption from such registration requirements. This press release does not
constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the
foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
The Company further reports appointment of Stuart Ross as Chief Financial Officer of the
Company and Marla Ritchie as Corporate Secretary of the Company, replacing Jeannine Webb in
these positions. The Company thanks Ms. Webb for her tenure as CFO and Corporate Secretary.
Mr. Ross has had a distinguished career as a senior officer and director of several public
companies, including companies listed on the NASDAQ and TSXV. His sector experience
includes mining, beverage production and distribution, medical services, gaming and merchant
banking, including 17 years as a senior officer and director of Clearly Canadian Beverage Corp .
(1986 to 2003). Most recently, Stuart was President and CEO of El Tigre Silver Corporation and
Cardero Resource Corp.
Ms. Ritchie brings over 25 years of experience in public markets as an administrator and Corporate
Secretary. She is currently the Corporate Secretary for Wealth Minerals Ltd., World Copper Ltd.,
and Gelum Resources Ltd.
About Domestic Metals Corp.
Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale,
copper and gold deposits in exceptional, historical mining project areas in the Americas.
The Company aims to discover new economic mineral deposits in historical mining districts that
have seen exploration in geologically attractive mining jurisdictions, where economically
favorable grades have been indicated by historic drilling and outcrop sampling.
The Smart Creek Project is strategically located in the mining -friendly state of Montana,
containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper,
epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for
mineral deposition.
Domestic Metals Corp. is led by an experienced management team and an accomplished technical
team, with successful track records in mine discovery, mining development and financing.
Follow us on:
X: https://x.com/domestic_metals
Facebook: https://www.facebook.com/profile.php?id=61574998163350
LinkedIn: https://www.linkedin.com/company/domestic-metals-corp/
Instagram: @domesticmetals
On behalf of Domestic Metals Corp.
Patricio Varas, Chairman and CEO
(604) 831-9306
For more information on Domestic Metals, please contact:
Patricio Varas, Phone: 604-831-9306 or Michael Pound, Phone: 604-363-2885.
Please visit the Company website at www.domesticmetals.com or contact us at
For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: 415-389-4670.
Neither 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.
Cautionary Note Regarding 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. Forward -looking statements may
include, without limitation, statements relating to the Offering and the planned exploration activities on properties.
Although the Company believes the expectations expressed in such forward -looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and
uncertainties, and actual results or realities may differ materially from those in the forward -looking statements. Such
material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current
exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price
of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining
industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness;
as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the
Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors
that could cause actual actions, events or results to differ materially from those described in forward -looking
information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or
intended. Accordingly, readers should not place undue reliance on forward -looking statements. 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 statements. Forward-looking statements are made as of the date hereof and, accordingly,
are subject to change after such date. 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 unless required by
law.