Monumental Energy Corp. Announces Amendment to Non-Brokered Life Offering
Not for distribution to U.S. newswire services or for dissemination in the United States
MONUMENTAL ENERGY CORP. ANNOUNCES AMENDMENT TO
NON-BROKERED LIFE OFFERING
News Release - Vancouver, British Columbia – February 26 , 2025: Monumental Energy Corp.
(“Monumental” or the “ Company”) (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF ) announces that,
further to its January 31, 2025 news release, it has amended the terms of its non-brokered private placement
financing (the “ LIFE Offering”) to a minimum of 3,846,154 units of the Company and a maximum of
9,230,770 units of the Company (“Units”) at a price of C$0.13 per Unit, for gross proceeds of a minimum
C$500,000 and a maximum C$1,200,000 (the “Offering”). Each Unit will be comprised of one common
share in the capital of the Company (a “ Share”) and one transferable Share purchase warrant (a
“Warrant”). Each Warrant will entitle the holder thereof to purchase one Share at an exercise price of
C$0.25 for thirty-six (36) months following the closing date of the Offering.
The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer financing
exemption (“LIFE Exemption”) under Part 5A of National Instrument 45 -106 – Prospectus Exemptions
(“NI 45-106”), in all the provinces of Canada, except Quebec. The Units offered under the LIFE Exemption
will not be subject to resale restrictions pursuant to applicable Canadian securities laws.
There is an amended and restated offering document related to the Offering that can be accessed under the
Company’s profile at on SEDAR+ at www.sedarplus.ca and on the Company’s website at
https://monumental.energy/. Prospective investors should read amended and restated offering document
before making an investment decision.
The Company intends to use the net proceeds of the Offering and current working capital to fund the Copper
Moki 1 and 2 workovers in New Zealand, for working capital and corporate expenses, due diligence and
expenses related to potential other oil and gas wells in New Zealand, and for ongoing costs and payments
on the Laguna Project located in Chile.
The Offering may close in one or more tranches with a final closing expected to occur on or before March
14, 2025, and is subject to certain conditions including, but not limited to, the receipt of all necessary
regulatory approvals, including approval from the TSX Venture Exchange.
Finder’s fees of 7% in cash and 7% in finder warrants having an exercise price of $0.20 per common share
and an expiry date of thirty-six (36) months, may be paid on a portion of the Offering in accordance with
the policies of the TSX Venture Exchange and applicable securities laws.
The securities to be offered pursuant to the Offering have not been, and will not be, registered under the
U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United
States or to, or for the account or benefit of, a “U.S. person” (as defined in Regulation S under the U.S.
Securities Act) absent registration or any applicable exemption from the registration requirements under
the U.S. Securities Act and applicable U.S. state securities laws. This news release sh all not constitute an
offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale
of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
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
Contact Information:
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
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.
Forward Looking Information
This news release contains “forward‐looking information or statements” within the meaning of applicable securities
laws, which may include, without limitation, statements relating to the terms and completion of the Offering,
expectation to close the Offering in one or more tranches, the expected timing of the final closing the Offering, the
use of proceeds of the Offering, advancing the Company’s projects, the potential plans for the Company’s projects,
the plans for CM 1&2 , potential 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 th is 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, includ ing 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 pe rsonnel 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 and
development assumptions, the ability to manage working capital , 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 counterp arties to perform
their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐
looking information, except as required by law.