Triple One Metals Closes $500,000
Triple One Metals Inc.
59 Payzant Drive, Windsor, NS, B0N 2T0
M: 902.698.2662
www.triple1metals.com
Email: [email protected]
Triple One Metals Closes $500,000
For Immediate Release:
August 20, 2025 – Triple One Metals Inc. ("Triple One" or the "Company") (CSE:TONE) is pleased to announce it
has closed its financing which raised $500,000 at $0.01225 per share and has issued 40,816,327 common shares. The
shares were issued with the required hold period pursuant to securities laws. The use of proceeds is the payments of
certain debts and for working capital. A finder’s fee of $12,862.50 was paid.
One insider of the Company subscribed, indirectly, for a total of 3,000,000 common shares. As such, this participation
constitutes a related party transaction as defined under Multilateral Instrument 61- 101, Protection of Minority Security
Holders in Special Transactions. Such participation is exempt from the formal valuation and minority shareholder
approval requirements of MI 61- 101, as neither the fair market value of the common shares acquired by the insiders
nor the consideration for the common shares paid by such insiders exceeds 25 per cent of the company's market
capitalization.
The Company confirms there are no material facts or material changes related to the Company which has yet to be
generally disclosed.
For additional information
A. Paul Gill
Chief Executive Officer, Triple One Metals Inc.
59 Payzant Drive
P.O. Box 657, Windsor
Nova Scotia, Canada, B0N 2T0
Forward-Looking Statements
This news release contains certain “forward looking statements” including, for example, statements relating to the completion of the Transaction
and Placement and the Company’s anticipated share capital. Such forward -looking statements involve risks and u ncertainties, both known and
unknown. The results or events depicted in these forward -looking statements may differ materially from actual results or events. In addition to
other factors and assumptions which may be identified herein, assumptions have be en made regarding and are implicit in, among other things:
receipt of regulatory approvals, the Company’s ability to complete the Transaction and Placement, the state of the capital markets, the ability of
the Company to successfully manage the risks inherent in pursuing business opportunities in the mineral exploration industry. Any forward-looking
statement reflects information available to the Company as of the date of this news release and, except as may be required by applicable securities
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.
Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this release