Monumental Energy Announces Private Placement Financing
Monumental Energy Announces Private Placement Financing
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INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
VANCOUVER, British Columbia--(BUSINESS WIRE)--October 30, 2025--Monumental
Energy Corp. (“Monumental” or the “Company”) (TSX-V: MNRG; FSE: ZA6; OTCQB:
MNMRF) announces that it intends to complete a non-brokered private placement (the “Private
Placement”) of a minimum of 10,000,000 units (“Units”) and a maximum of up to 15,000,000
Units at a price of $0.05 per Unit for gross proceeds of a minimum of $500,000 and a maximum
of up to $750,000. Each Unit will consist of one common share of the Company and one
transferable common share purchase warrant (a “Warrant”). Each Warrant will entitle the
holder to acquire one additional common share of the Company at a price of $0.08 per share for
a period of three years from the closing date of the Private Placement.
The Company intends to use the net proceeds of the Private Placement to fund the costs and
expenses to formally enter into and fund additional workover projects with New Zealand Energy
Corp. and L&M Energy, additional expenses at Copper Moki-1 and for general working capital
purposes and corporate expenses.
All securities issued pursuant to the Private Placement will be subject to a statutory hold period
of four months and one day from the closing of the Private Placement. Finder’s fees may be
payable in connection with the Private Placement, all in accordance with the policies of the TSX
Venture Exchange and applicable securities laws. The Private Placement is subject to the
approval of the TSX Venture Exchange.
About Monumental Energy Corp.
Monumental Energy Corp. is an exploration company focused on the acquisition, exploration,
and development of properties in the critical and clean energy sector, as well as investing in oil
and gas projects. The Company owns securities of New Zealand Energy Corp. and entered into a
call option and royalty agreement on the Copper Moki wells with New Zealand Energy Corp.
The Company also has an option to acquire a 75% interest and title to the Laguna cesium-lithium
brine project located in Chile. The Company holds a 2% net smelter return royalty on Summit
Nanotech’s share of any future lithium production from the Salar de Turi Project.
On behalf of the Board of Directors,
/s/ “Michelle DeCecco”
Michelle DeCecco, CEO
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.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall
there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful, including any of the securities in the United States of America. The
securities have not been and will not be registered under the United States Securities Act of
1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold
within the United States or to, or for account or benefit of, U.S. Persons (as defined in
Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state
securities laws, or an exemption from such registration requirements is available.
Forward Looking Information
This news release contains “forward‐looking information or statements” within the meaning of
applicable securities laws, which may include, without limitation, closing of the Private
Placement, estimated use of proceeds, carrying out future work on the Company’s oil and gas
projects, potential additional oil and gas transactions, other statements relating to the technical,
financial and business prospects of the Company, its projects, its goals and other matters. All
statements in this news release, other than statements of historical facts, that address events or
developments that the Company expects to occur, are forward-looking statements. Although the
Company believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual
results may differ materially from those in the forward-looking statements. Such statements are
based on numerous assumptions regarding present and future business strategies and the
environment in which the Company will operate in the future, including the price of metals and
the price of oil and gas, the ability to achieve its goals, that general business and economic
conditions will not change in a material adverse manner and that financing will be available if
and when needed and on reasonable terms. Such forward-looking information reflects the
Company’s views with respect to future events and is subject to risks, uncertainties and
assumptions, including the risks and uncertainties relating to the interpretation of exploration
results, risks related to the inherent uncertainty of exploration and cost estimates and the
potential for unexpected costs and expenses and those other risks filed under the Company’s
profile on SEDAR+ at www.sedarplus.ca. While such estimates and assumptions are considered
reasonable by the management of the Company, they are inherently subject to significant
business, economic, competitive and regulatory uncertainties and risks. Factors that could cause
actual results to differ materially from those in forward looking statements include, but are not
limited to, continued availability of capital and financing and general economic, market or
business conditions, failure to secure personnel and equipment for work programs, adverse
weather and climate conditions, risks relating to unanticipated operational difficulties (including
failure of equipment or processes to operate in accordance with specifications or expectations,
cost escalation, unavailability of materials and equipment, government action or delays in the
receipt of government approvals, industrial disturbances or other job action, and unanticipated
events related to health, safety and environmental matters), risks relating to inaccurate geological
assumptions, failure to maintain or obtain all necessary government permits, approvals and
authorizations, failure to obtain or maintain surface access agreements or understandings from
local communities, land owners or Indigenous groups, fluctuation in exchange rates, the impact
of viruses and diseases on the Company’s ability to operate, capital market conditions, restriction
on labour and international travel and supply chains, decrease in the price of lithium, cesium and
other metals, decrease in the price of oil and gas, loss of key employees, consultants, or directors,
failure to maintain or obtain community acceptance (including from the Indigenous
communities), increase in costs, litigation, and failure of counterparties to perform their
contractual obligations. The Company does not undertake to update forward‐looking statements
or forward‐looking information, except as required by law.
Contacts
Michelle DeCecco, Chief Executive Officer and Director
Email: [email protected]
Or
Maximilian Sali, VP Corporate Development and Director
Email: [email protected]
Phone: 1-604-367-8117