Lexston announces Private Placement
929 Mainland Street
Vancouver, BC V6B 1S3
Phone
Website
(604) 928-8913
www.lexston.ca
News Release
Lexston Mining Corporation Announces Private Placement
Vancouver, British Columbia, December 24, 2025 – Lexston Mining Corporation (“Lexston” or “the
Company”) (CSE: LEXT) (OTCQB: LEXTF) (Deutsche Börse Frankfurt: L75) is pleased to announce a non-
brokered private placement to raise gross proceeds of up to $500,000 through the issuance of up to
6,250,000 units at a price of $0.08 per unit (the “Private Placement” ). Each unit will consist of one
common share and one common share purchase warrant. Each common share purchase warrant will
entitle the holder to purchase one common share at a price of $0.10 for five years from the date of
issuance.
The Company plans to use the proceeds of the Private Placement for general working capital purposes
and exploration expenditures. Certain directors and officers of the Company may participate in the
Private Placement.
The securities to be issued in connection with the Private Placement are subject to the filing requirements
with and acceptance by the Canadian Securities Exchange. All securities will be subject to a four-month
statutory hold period after closing.
About Lexston Mining Corporation
Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and
developing mineral projects with the aim of enhancing value for all stakeholders. The Company currently
has mineral exploration projects located in British Columbia and Nevada.
Lexston (OTCQB: LEXTF) trades on the OTCQB Venture Market, which serves early-stage and developing
U.S. and international companies. Companies on this market are current in their reporting and undergo
annual verification and management certification processes. Investors can access real-time quotes and
market information for Lexston at www.otcmarkets.com.
On behalf of the Board of Directors
LEXSTON MINING CORPORATION
Jagdip Bal
Chief Executive Officer
Telephone: (604) 928-8913
Email: [email protected]
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The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of the content of this news release.
Forward-looking statements
This news release contains "forward-looking information" under applicable Canadian securities legislation.
Such forward-looking information reflects management's current beliefs and are based on a number of
estimates and/or assumptions made by and information currently available to the Company that, while
considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may
cause the actual results and future events to differ materially from those expressed or implied by such
forward-looking information. Readers are cautioned that such forward-looking information are neither
promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not
limited to, general business, economic, competitive, political and social uncertainties, uncertain and
volatile equity and capital markets, lack of available capital, actual results of exploration activities,
environmental risks, future prices of base and other metals, operating risks, accidents, labour issues,
objections by aboriginal people, delays in obtaining governmental approvals and permits, obtaining
consents of aboriginal people and other risks in the mining industry.
These statements include but are not limited to the Private Placement, use of proceeds from the Private
Placement, exploration permits, exploration of properties for minerals, liquidity of the common shares of
the Company and future financings of the Company. These statements reflect management's current
estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. The
Company cautions that all forward-looking statements are inherently uncertain and that actual
performance may be affected by many material factors, many of which are beyond the Company’s control.
Such factors include, among other things: risks and uncertainties relating to the acquisition of new
properties, liquidity of the common shares of the Company, financings, the market valuing the Company
in a manner not anticipated by management of the Company. Accordingly, actual and future events,
conditions and results may differ materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward-looking information. Except as required under applicable securities
legislation, the Company does not undertake to publicly update or revise forward-looking information.
The Company is presently an exploration stage company. Exploration is highly speculative in nature,
involves many risks, requires substantial expenditures, and may not result in the discovery of mineral
deposits that can be mined profitably. Furthermore, the Company currently has no reserves on its
properties. As a result, there can be no assurance that such forward-looking statements will prove to be
accurate, and actual results and future events could differ materially from those anticipated in such
statements.