Lexston Mining Corporation Closed the Private Placement
929 Mainland Street
Vancouver, BC V6B 1S3
Phone
Website
(604) 928-8913
www.lexston.ca
News Release
Lexston Mining Corporation Closed the Private Placement
Vancouver, British Columbia, February 18, 202 5. Lexston Mining Corporation (the “ Company” or
“Lexston”) (CSE: LEXT) (OTC: LEXTF) (Frankfurt: W5G) is pleased to announce that further to its news
release dated February 4, 2025, the Company closed a non -brokered private placement and raised gross
proceeds of $196,000 through the issuance of 2,450,000 units at a price of $0.08 per unit (the “Private
Placement”). Each unit consists of one common share and one common share purchase warrant. Each
common share purchase warrant entitles the holder to purchase one common share at a price of $0. 10
until February 18, 2030.
The Company plans to use the proceeds from the Private Placement for general working capital. No
finder’s fees were paid in relation to the Private Placement.
All securities issued pursuant to the Private Placement are subject to a four -month statutory hold period
until June 19, 2025.
About Lexston Mining Corporation
The Company is a Canadian mineral exploration company, focused on the acquisition and development
of mineral projects, with the objective to enhance value to all its stakeholders. The Company has mineral
exploration projects in British Columbia and Nunavut, Canada.
The Company (OTCQB: LEXTF ) trades on the OTCQB Venture Market for early stage and developing U.S.
and international companies. Companies are current in their reporting and undergo an annual verification
and management certification process. Investors can find RealTime quotes and market information for
the company on 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]
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of the content of this news release.
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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 informat ion 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 s uch
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, competi tive, 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 obtaining financing, 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, t he 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.