Hayasa Announces Non-Brokered LIFE Offering of Units
Hayasa Announces Non-Brokered LIFE
Offering of Units
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2025) - Hayasa Metals Inc. (TSXV: HAY)
(OTCQB: HAYAF) ("
Hayasa
" or the "
Company
") is pleased to announce a non-brokered private
placement of up to 10,000,000 units ("
Units
") at a price of $0.17 per unit for gross proceeds of up to
$1,700,000 (the "
Placement
").
Each Unit will be comprised of one common share of the Company
("
Share
") and one half of one share purchase warrant. Each whole share purchase warrant ("
Warrant
")
will entitle the holder to purchase one Share at a purchase price of $0.22 from the date that is 61 days
following the close of the Placement until the date that is 18 months from the close of the Placement.
The Units to be issued under the Placement will be offered to purchasers pursuant to the listed issuer
financing exemption under Part 5A of National Instrument 45-106 -
Prospectus Exemptions
("
Listed
Issuer Financing Exemption
"), in all the provinces of Canada, excluding Quebec. The Company may
also offer the Units for sale in the United States pursuant to available exemptions from the registration
requirements of the United States Securities Act of 1933, as amended, and in those other jurisdictions
outside of Canada and the United States provided it is understood that no prospectus filing or
comparable obligation arises in such other jurisdiction. The securities offered under the Listed Issuer
Financing Exemption will not be subject to Canadian resale restrictions in accordance with applicable
Canadian securities laws.
Joel Sutherland, CEO of Hayasa states, "This financing funds the 2026 Urasar drilling campaign, and in
the meantime, investors and participants in the offering can look forward to assays from the Urasar 2025
drilling campaign expected to be released shortly after closing.
Additionally, assays from Vardenis will
likely be released in Q1 2026.
Management is optimistic that 2026 will continue to deliver value to
Hayasa shareholders."
The Placement is being led by existing shareholders and insiders. Net proceeds of the Placement will be
used to advance exploration at the Company's Urasar project in Armenia, evaluate other mineral
property opportunities and for general working capital purposes.
There is an offering document relating to the Placement that can be accessed under the Company's
profile at
www.sedarplus.ca
and on the Company's website at
https://hayasametals.com/
.
Prospective
investors should read this offering document before making an investment decision.
The Company may pay finders' fees in connection with the Placement, as permitted by applicable
securities laws and the rules of the TSX Venture Exchange ("
TSXV
"). The finders' fee will consist of a
commission equal to up to 5.0% of the proceeds raised by eligible finders, payable in cash.
The Placement is scheduled to close on or about September 30, 2025 and is subject to certain
conditions including, but not limited to, the receipt of all necessary approvals, including the conditional
approval of the TSXV.
The Placement may be closed in multiple tranches.
Certain Directors and/or Officers of the Company will acquire securities under the Placement. Any such
participation would be considered to be a "related party transaction" as defined under Multilateral
Instrument 61-101 ("
MI-61-101
"). The Company anticipates that such participation in the Placement will
be exempt from the formal valuation and minority shareholder approval requirements of MI-61-101 as
neither the fair market value of the Units acquired, nor the consideration paid by such Directors or
Officers will exceed 25% of the Company's market capitalization. Pursuant to the policies of the TSXV,
Units acquired by Directors or Officers of the Company will be subject to a four-month hold period.
This news release does not constitute an offer to sell or solicitation of an offer to sell any 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 Hayasa Metals Inc.
Hayasa Metals Inc. is a Canadian-based exploration company focused on advancing its copper and
gold projects in the Tethyan Mineral belt of Armenia. The Company controls both the Urasar copper-gold
project and the Vardenis copper-gold project.
The Company is committed to responsible exploration
and sustainable development practices while creating long-term value for shareholders.
Hayasa trades
on the TSX Venture Exchange under the symbol HAY and on the OTCQB under HAYAF.
On behalf of the Board of Directors,
Joel Sutherland
CEO
Hayasa Metals Inc.
For further information, contact:
www.hayasametals.com
https://x.com/Hayasametals
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 statements
This news release contains forward-looking statements. All statements other than statements of
historical fact included in this news release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements 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 expectations including
the risks detailed from time to time in the filings made by the Company with securities regulations.
The reader is cautioned not to place undue reliance on any forward-looking information. Forward-
looking statements contained in this news release are expressly qualified by this cautionary
statement. The forward-looking statements contained in this news release are made as of the date of
this news release and the Company will update or revise publicly any of the included forward-looking
statements only as expressly required by Canadian securities law.
Not for distribution to United States newswire services or for dissemination in the United States
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/265636