Sendero Resources “Best-Efforts” Offering Has Been Fully Allocated
Sendero Resources “Best-Efforts” Offering Has Been Fully Allocated
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES
NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Vancouver, British Columbia – November 1 8th 2025 – Sendero Resources Corp. (TSXV:SEND) (the
“Company” or “ Sendero”) announces that the "best-efforts" marketed private placement offering (the
"Offering") of 4,220,000 common shares of the Company (the " Shares") at a price of C$0.95 per Share
(the “Offering Price”) for gross proceeds to the Company of C$4,009,000 pursuant to the Listed Issuer
Financing Exemption , previously announced on November 12, 2025 , has received commitments from
investors sufficient to fully allocate the Offering (excluding any Shares that may be issued under the
agent’s option to purchase up to an additional 15% of Shares at the Offering Price for potential additional
gross proceeds of up to C$601,350). Commitments from investors to purchase Shares are subject to final
documentation and customary closing conditions.
The closing of the Offering is expected to occur on or about December 3, 2025, and is subject to obtaining
all necessary regulatory approvals, including final approval from the TSX Venture Exchange.
The Company intends to use the n et proceeds from the Offering to fund exploration work at the
Company's Penas Negras project and for general administrative expenses and working corporate
purposes.
About Sendero Resources Corp.
The Company is focused on copper-gold exploration at its 100% owned Peñas Negras Project in the Vicuña
Belt in Argentina. The Peñas Negras Project has similar geological characteristics to other deposits in the
Vicuña Belt and multiple porphyry and high -sulfidation epithermal targets have been identified on the
project. The centre of the Peñ as Negras concession area is situated approximately 18 km southeast of
Caserones mine operated by Lundin Mining, approximately 24 km northeast of NGEx Minerals’ Lunahuasi
project, and about 32 km north -northeast of BHP-Lundin Mining’s Filo del Sol advanced exploration and
development stage project. The Company also has an option to earn an 100% interest on eight additional
granted mining concessions covering 91.7 km2. The total project area comprises 211.77 km2
Qualified Person
Steven McMullan, P. Geo. supervised the preparation of and reviewed and approved the scientific and
technical information pertaining to Peñas Negras Project contained in this news release. Mr McMullan is
a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Mr. McMullan is a director of the Company.
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Further Information
For further information, please contact:
Sendero Resources Corp,
Alex Gostevskikh, Chief Executive Officer
Email: [email protected]
+1 888 455 7620
Follow Sendero Resources (@SenderoRes) on X, (Sendero Resources) on LinkedIn, and
(@sendero_resources) on Instagram.
Cautionary Statement on Forward-Looking Information
This press release contains “forward-looking information” and “forward-looking statements” (collectively,
“forward-looking statements ”) within the meaning of applicable Canadian securities legislation. All
statements, other than statements of historical fact, are forward -looking statements and are based on
expectations, estimates and projections as at the date of this press release. Any statement that involves
discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions,
future events or performance (often but not always using phrases such as “expects”, or “does not expect”,
“is expected ” “anticipates” or “does not anticipate ”, “plans”, “budget”, “scheduled”, “forecasts”,
“estimates”, “believes” or intends” or variations of such words and phrases or stating that certain actions,
events or results “ may” or “could, “would”, “might” or “will” be taken to occur or be achieved) are not
statements of historical fact and may be forward -looking statements. Forward -looking statements are
necessarily based upon a number of estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other factors which may cause the actual results
and future events to differ materially from those expressed or implied by such forward -looking
statements. Such forward-looking information and forward looking-statements are subject to a variety of
risks and uncertainties which could cause actual events or results to differ materially from those reflected
in the forward -looking information and forward looking -statements, including, without limitation, that
the investors which have provided indications of interest may withdraw prior to closing or be determined
to be ineligible to purchase the Shares , or that the Offering may otherwise not be completed as
contemplated. There can be no assurance that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on the forward -looking statements and information contained in this
press release. Except as required by law, the Company does not assume any obligation to update the
forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except
as required by law.
Cautionary Statement
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.