Germanium Mining Announces up to $1.35M Non-Brokered Private Placement
NEWS RELEASE
GERMANIUM MINING ANNOUNCES UP TO $1.35M NON-BROKERED PRIVATE
PLACEMENT
Vancouver, BC – March 20, 2026 – Germanium Mining Corp. (the “Company”) (CSE: GMC; OTCQB:
EMSKF; FSE: YW0) is pleased to announce a non-brokered private placement for aggregate gross proceeds
of up to $1,350,000 (the “Offering”) consisting of the issuance of: i. up to 3,125,000 units (each, a “Unit”)
at $0.24 per Unit, and ii. up to 1,875,000 common shares in the share capital of the Company on “flow -
through” basis (each, a “ FT Share”) at $0.32 per FT Share, within the meaning of the Income Tax Act
(Canada).
Each Unit will be comprised of one common shares in the capital of the Company ( each, a “Common
Share”) and one Common Share purchase warrant ( a “Warrant”). Each Warrant will entitle the holder to
purchase one additional Common Share (a “ Warrant Share”) for a period of 24 months from the issue
date at an exercise price of $0.32 per Warrant Share.
The proceeds from the sale of the FT Shares will be used by the Company to incur eligible “Canadian
exploration expenses” that will qualify as “flow -through critical mineral mining expenditures” as such
terms are defined in the Income Tax Act (Canada) (the “ Qualifying Expenditures “) related to the
Company’s projects in Quebec. All Qualifying Expenditures will be renounced in favour of the subscribers
of the FT Shares effective December 31, 2026. The Company intends to use the net proceeds from the Units
for general corporate and working capital purposes. The Units and FT Shares will be issued by way of a
private placement pursuant to exemptions from prospectus requirements under applicable securities laws.
The securities issuable pursuant to the Offering are subject to resale restrictions, including a hold period of
four months and one day from the date of issuance.
The Company may pay a finder’s fee to arm-length parties on the Offering in accordance with the policies
of the exchange. The closing of the Offering is subject to a number of conditions, including receipt of all
necessary corporate and regulatory approvals.
About Germanium Mining Corp.
Germanium Mining Corp. is a publicly traded mineral exploration company focused on the exploration and
advancement of discovery-stage mineral properties in top tier mining jurisdictions across North America.
Germanium Mining Corp. is a member of the Nevada Mining Association. Make sure to follow the
Company on X.com & Linkedin as well as subscribe for Company updates at
www.germaniummining.com.
For further information, please contact:
Phone: 604-717-6605
Corporate e-mail: [email protected]
Website: www.germaniummining.com
Corporate Address: 2905 – 700 West Georgia Street, Vancouver, BC, V7Y 1C6
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The securities of the Company referred to in this news release 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. Accordingly, the securities of the Company may not be offered or sold within the United
States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to
an exemption from the registration requirements of the U.S. Securities Act and applicable state securities
laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities
of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Forward-Looking Information:
Certain of the statements made and information contained herein is "forward-looking information" within
the meaning of National Instrument 51 -102 – Continuous Disclosure Obligations of the Canadian
Securities Administrators. These statements and information are based on facts currently available to the
Company and there is no assurance that actual results will meet management's expectations. Forward -
looking statements and information may also be identified by such terms as "anticipates", "believes",
"targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers
its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not
guarantees of future performance and readers shou ld not place undue importance on such statements as
actual events and results may differ materially from those described herein. 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 information. Accordingly, readers should not place undue reliance on forward -
looking information. The forward -looking statements in this news release include without limitation,
statements with respect to the anticipated use of proceeds from the Offering . All forward -looking
information contained in this press release is given as of the date hereof and is based on the opinions and
estimates of management and information available to management as of the date hereof.
These statements are based upon assumptions that are subject to significant risks and uncertainties,
including risks regarding commodity prices, market conditions, availability of financing to the Company
on acceptable terms, gross proceeds are used in acc ordance with the Tax Act, general economic factors,
and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of
factors, the actual results, expectations, achievements or performance of the Company may differ materially
from those anticipated and indicated by these forward -looking statements. Any number of factors could
cause actual results to differ materially from these forward -looking statements as well as future results.
Although the Company believes that t he expectations reflected in forward -looking statements are
reasonable, they can give no assurances that the expectations of any forward-looking statements will prove
to be correct. 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, except as may be required
by applicable securities laws.
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or
accuracy of this release.