Planet Green Closes Equity Finance
https://planetgreenmetals.com/
CSE Trading Symbol: PGR
Email: [email protected]
NEWS RELEASE
April 22nd, 2025
Planet Green Metals Inc. Announces Closing of Equity Raise
Vancouver, British Columbia – Planet Green Metals Inc. (CSE: PGR) (“Planet Green” or the
“Company is pleased to announce that it has closed its previously announced non -brokered
private placement. The Company raised gross proceeds of $172,040 with the issuance of
3,440,800 Units with all securities having a four-month hold period. Each Unit consist s of one
Common Share (the " Shares") and one half of a Common Share Purcha se Warrant (the
“Warrant”) for a total of 1,720,400 warrants. Each Warrant is exercisable at a price of $0.10 for
a period of two years from the date of closing. The Company paid $2,100 in Finders’ fees on this
offering pursuant to the policies of the Canadian Securities Exchange.
The net proceeds of the Offering will be used to advance exploration activities on the company’s
flagship Sheraton Property as well as for general working capital.
Jeremy S. Brett, President and Chief Executive Officer, stated, “This strategic capital raise is
crucial for our current operations. The funds will be instrumental in compiling the extensive
exploration data set obtained from our agreement with Kraken Gold and in the immediate
development of drill targets within the context of our ore deposit models. Our Technical Director,
Dr. Sandy Archibald, will now commence the development of his understanding of our large-scale
District-Scale VMS Project situated near Timmins. Additionally, we will plan our initial geophysical
programs to enhance target areas. These initiatives will enable us to progress our Canadia n
project effectively. We have a dedicated and loyal shareholder base, and our share structure
provides a strong foundation for our future endeavours.”
About Planet Green Metals Inc.
Planet Green is strategically building a premier Canadian critical minerals company, leveraging
its expertise to acquire high -quality, de-risked mineral exploration and royalty properties. The
Company currently holds two high quality exploration properties in north ern Ontario, covering
VMS-related copper, zinc, silver and gold . Planet Green is actively pursuing the acquisition of
promising new projects in Canada and North America to bolster the project portfolio and provide
shareholders with a diversified commodity base that is resilient to price fluctuations and market
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forces. With a robust and integrated technical and corporate team, the Company is dedicated to
maximizing shareholder value through new mineral discoveries in mining-friendly jurisdictions.
To find out more about Planet Green Metals Inc. (CSE: PG R) visit the Company’s website
at www.Planetgreenmetals.com.
PLANET GREEN METALS INC.
Jeremy S. Brett
President & CEO
Planet Green Metals Inc.
Tel: (416)-831-5978
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE
CONTENT OF THIS PRESS RELEASE.
Notice Regarding Forward-Looking Statements
This news release may contain certain “forward looking statements”. Forward-looking statements
involve known and unknown risks, uncertainties, assumptions and other factors that may cause
the actual results, performance or achievements of the Company to be materially different from
any future results, performance or achievements expressed or implied by the forward -looking
statements. Any forward-looking statement speaks only as of the date of this news release and,
except as may be required by applicable se curities laws, the Company disclaims any intent or
obligation to update any forward-looking statement, whether as a result of new information, future
events or results or otherwise. This news release does not imply that The Prospectors and
Developers Association of Canada has in any way approved the companies that are named in
this release.