Domestic Metals Announces Closing of First Tranche and Extension of Private Placement
**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS
WIRE SERVICES**
Domestic Metals Announces Closing of First Tranche and Extension of
Private Placement
Vancouver, BC, March 24, 2026
Domestic Metals Corp. (the “Company” or “Domestic”) - (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E0)
reports that pursuant to their news releases dated February 4 and March 13, 2026 , the Company has
closed a first tranche of the private placement (the “ Offering”) issuing an aggregate 11,205,505 units of
the Company (“Units”) at a price of $0.28 per Unit for gross proceeds of $3,137,541.40. Each Unit consists
of one common share of the Company (a “ Share”) and one common share purchase warrant (a
“Warrant”). Each 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 $0.40 per Share.
As part of the Offering, 553,570 Units were issued to a director of the Company and a Company of which
a director is the sole beneficiary, which constituted a "related party transaction" as such term is defined
under Multilateral Instrument 61 -101 – Protection of Minority Security Holders in Special Transactions
("MI 61-101”). The Company is relying on the exemptions from the formal valuation and minority approval
requirements under MI 61- 101, pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market
value of the transaction, insofar as it involves interested parties, is not more than the 25% of the
Company's market capitalization.
Finders received 7% cash and 7% non-transferable finder’s warrants exercisable for common shares of
the Company at $0.40 per share for three years. Finders include Ventum Financial Corp. ($2,940 cash and
10,500 warrants), Leede Financial Inc. ($1,411.20 cash and 5,040 warrants), Canaccord Genuity Corp.
($69,171.34 cash and 247,041 warrants) and Asty Capital Corp. ($68,600 cash and 245,000 warrants).
The Company was provided with an extension to close a final subsequent tranche of the Offering on or
before April 13, 2026. The Company confirms there is no undisclosed material information.
All securities issued in the Offering have a four-month plus one day hold period, during which time the
securities may not be traded. The Offering is subject to the final acceptance of the TSXV.
The net proceeds from the Offering are intended for general working capital and exploration and
development costs.
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 nor will 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
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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.
ICP Securities Clarification
ICP Securities Inc., the market maker service provider, is a closely held Canadian corporation with its
principal place of business in Toronto, Ontario. ICP Securities Inc. is an investment dealer registered with
the Canadian Investment Regulatory Organization (CIRO) and is engaged in the business of providing
market making services to public issuers.
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 mineral ization 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 accomplis hed technical team,
with successful track records in mine discovery, mining development and financing.
On behalf of Domestic Metals Corp.
Gordon Neal, CEO and Director
(604) 657-7813
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For more information on Domestic Metals, please contact:
Gordon Neal, Phone: 604-657-71813 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
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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 belie ves 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 pla ns 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, estim ated 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 re sult of new information, future
events or otherwise unless required by law.