Fidelity Minerals Announces Private Placement Financing
Fidelity Minerals Announces Private Placement Financing
Vancouver, BC, May 4, 2026 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE:
MNYC) (“Fidelity Minerals” or the “Company”) is pleased to announce that it has arranged a
non-brokered private placement financing (the "Financing") of up to 12,500,000 units at a price
of C$0.20 per unit for total gross proceeds of up to C$2,500,000. Each unit will consist of one
common share and one-half warrant, with each full warrant exercisable into one additional
common share at C$0.30 for a period of 24 months after the closing date. If the closing price of
the Company’s common shares equals or exceeds $0.60 for 10 consecutive trading days, the
Company may accelerate the expiry date of the warrants by press release, after which the warrants
will expire 30 days later.
The Company intends to use the net proceeds of the Financing to advance its Peruvian exploration
and community relations programs, and general working capital.
The Company intends to pay finders' fees to eligible finders, in accordance with applicable
securities laws and the policies of the TSX Venture Exchange (“TSXV”). The Financing is subject
to approval of the TSXV, and all securities issued under the Financing will be subject to statutory
hold periods expiring four months and one day from the date of closing of the Financing.
The securities described herein 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
accordingly, may not be offered or sold within the United States except in compliance with the
registration requirements of the U.S. Securities Act and applicable state securities requirements or
pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a
solicitation to buy any securities in any jurisdiction.
About Fidelity Minerals Corp.
Fidelity Minerals Corp. is a TSX-V listed resource company. Its principal focus is the 44.5%-
owned (with a right to earn 50%) brownfield Las Huaquillas project in northern Peru. The
Company has a near-term objective to confirm previous underground sampling results and prepare
for drilling with an objective of preparing a new NI 43-101 compliant mineral resource estimate.
In addition to the Los Socavones brownfield gold opportunity, Las Huaquillas offers copper
upside potential through exploration of the two confirmed porphyry systems flanking the Los
Socavones epithermal gold zone.
The Company is run by an experienced management team with diverse technical, market, and
commercial expertise and is supported by committed, and sophisticated investors focused on
building long-term value. Fidelity’s founder John Byrne has over 50 years’ experience in the
minerals sector with a track record of developing brownfield sites into profitable mines.
On behalf of the Board of Fidelity Minerals.
Ryan Batros
CEO
Phone: +61-472-658-777
Email: [email protected]
For more information, please visit the corporate website at http://www.fidelityminerals.com or
contact:
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 NEWS RELEASE.
Forward-Looking Statement Cautions
This press release contains certain “forward-looking statements” within the meaning of Canadian
securities legislation, including, but not limited to, statements regarding the Financing is subject to
regulatory approval, including approval of the TSX Venture Exchange; the Company’s plans with
respect to its resource projects and the timing related thereto, the merits of the Company’s projects,
and the Company’s objectives, plans and strategies. Although the Company believes that such
statements are reasonable, it can give no assurance that such expectations will prove to be correct.
Forward-looking statements are statements that are not historical facts; they are generally, but not
always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,”
“projects,” “aims,” “potential,” “goal,” “objective,”, “strategy”, “prospective,” and similar expressions, or
that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those
statements, which, by their nature, refer to future events. The Company cautions that forward-looking
statements are based on the beliefs, estimates and opinions of the Company’s management on the
date the statements are made and they involve a number of risks and uncertainties. Consequently,
there can be no assurances that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such statements. Except to the extent
required by applicable securities laws and the policies of the TSX Venture Exchange, the Company
undertakes no obligation to update these forward-looking statements if management’s beliefs,
estimates or opinions, or other factors, should change. Factors that could cause future results to differ
materially from those anticipated in these forward-looking statements include the risk of accidents and
other risks associated with mineral exploration operations, the risk that the Company will encounter
unanticipated geological factors, or the possibility that the Company may not be able to secure
permitting and other agency or governmental clearances, necessary to carry out the Company’s
exploration plans, risks of political uncertainties and regulatory or legal changes in the jurisdictions
where the Company carries on its business that might interfere with the Company’s business and
prospects. The reader is urged to refer to the Company’s reports, publicly available through the
Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval
(SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential
effects.