Pacific Empire Announces $1.355 Million Private Placement Financing of Units
Pacific Empire Announces $1.355 Million
Private Placement Financing of Units
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2026) - Pacific Empire Minerals Corp. (TSXV:
PEMC)
("Pacific Empire", "PEMC" or the "Company"), a British Columbia copper-gold explorer,
announces that it intends to complete a non-brokered private placement (the "Offering") of up to
30,111,111 units of the Company ("Units") at a price of C$0.045 per Unit for gross proceeds of up to
$1,355,000, with each Unit consisting of one common share in the capital of the Company (a "Common
Share") and one Common Share purchase warrant (a "Warrant"), each Warrant entitling the holder
thereof to purchase one Common Share at a price of C$0.07 for a period of three (3) years from the
closing date of the Offering.
The net proceeds from the sale of the Units will be used for the Company's 2026 drill campaign on its
flagship Trident copper-gold-silver porphyry project and its Pinnacle project, and for general working
capital purposes.
Closing of the Offering is subject to the receipt of all necessary approvals, including the approval of the
TSX Venture Exchange. All securities issued pursuant to the Offering will be subject to a statutory hold
period of four months and one day from the closing date of the Offering in accordance with applicable
Canadian securities laws. The Company may pay finder's fees in connection with the Offering in
accordance with the policies of the TSX Venture Exchange.
Brad Peters, the Company's President and Chief Executive Officer, commented
"Crews are on the
ground, and diamond drilling is anticipated to begin in early August. This follows months of data
compilation and review, a newly completed airborne magnetic survey across northern Pinnacle, and
an induced polarization survey at Trident that builds on work OZ Minerals completed there in 2014. It
took Pacific Empire 12 years to consolidate this district-scale land position, where exploration dates
back to the late 1960s and was previously carried out piecemeal by several operators, including
Falconbridge, Asarco, BP, and OZ Minerals. Today, the entire district is held and being explored
under one program."
Qualified Person
Ron Voordouw, P.Geo., Ph.D., is a Qualified Person as defined by National Instrument 43-101. Dr.
Voordouw is independent of Pacific Empire Minerals Corp. as defined in NI 43-101 and has reviewed
and approved the scientific and technical information contained in this news release.
About Pacific Empire
Pacific Empire is a copper exploration company based in Vancouver, British Columbia and trades on
the TSX Venture Exchange under the symbol PEMC. The Company has a district scale land position in
north-central British Columbia totaling 16,982 hectares.
British Columbia is a "Green" copper jurisdiction with abundant hydroelectric power, access and
infrastructure in close proximity to the end market.
ON BEHALF OF THE BOARD,
"Brad Peters"
President and Chief Executive Officer
Pacific Empire Minerals Corp.
Tel: +1-604-356-6246
www.pemcorp.ca
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
Information set forth in this news release may involve forward-looking statements under applicable
securities laws. Forward-looking statements are statements that relate to future, not past, events. In
this context, forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and
"intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. All statements, other than statements of historical fact, included
herein including, without limitation: the completion, size and timing of the Offering; the receipt of all
necessary approvals, including the approval of the TSX Venture Exchange; the intended use of
proceeds of the Offering, including that the net proceeds from the sale of the Units will be used for the
Company's 2026 drill campaign on its flagship Trident copper-gold-silver porphyry project and its
Pinnacle project and for general working capital purposes; the payment of any finder's fees; and the
incurrence and renunciation of Canadian exploration expenses, are forward-looking statements. By
their nature, forward-looking statements involve known and unknown risks, uncertainties and other
factors which may cause our actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements expressed or implied by
such forward-looking statements. Such factors include, among others, the following risks: the need for
additional financing; operational risks associated with mineral exploration; fluctuations in commodity
prices; title matters; environmental liability claims and insurance; reliance on key personnel; the
potential for conflicts of interest among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the volatility of our common share price and
volume and the additional risks identified the management discussion and analysis section of our
interim and most recent annual financial statement or other reports and filings with the TSX Venture
Exchange and applicable Canadian securities regulations. Forward-looking statements are made
based on management's beliefs, estimates and opinions on the date that statements are made, and
the Company undertakes no obligation to update forward-looking statements if these beliefs,
estimates and opinions or other circumstances should change, except as required by applicable
securities laws. Investors are cautioned against attributing undue certainty to forward-looking
statements.
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