TT) (FSE: O4N) is pleased to announce that further to its press release dated
TSX-V: TT Announces Updated Offering Terms
October 8, 2025, Vancouver, BC - Total Metals Corp. (“ Total Metals” or the “ Company”) (TSX-V:
TT) (FSE: O4N) is pleased to announce that further to its press release dated September 24, 2025,
that it has revised the terms of its non-brokered private placement (the “Offering”).
The Offering will now consist solely of a non-brokered private placement of up to 16,666,666 units of
the Company (each, a “ Unit”) at a price of $0.60 per Unit for aggregate gross proceeds of up to
$10,000,000. Each Unit will consist of one common share of the Company and one common share
purchase warrant (each, a “ Warrant”). Each Warrant will be exercisable to acquire one additional
common share of the Company at a price of $0.90 per share for a period of 36 months from the date
of issuance.
The Offering will be conducted on a non-brokered basis and will be offered to purchasers qualifying
as “accredited investors” under National Instrument 45-106 – Prospectus Exemptions, or pursuant
to other available exemptions from the prospectus requirements of applicable securities laws. The
Company will not be proceeding with the previously announced listed issuer financing exemption
offering at this time.
About Total Metals Corp.
Total Metals Corp. is focused on the acquisition, exploration and development of mineral properties
in the prolific Red Lake mining district of Northern Ontario, Canada. The company owns 100% of the
Electrolode Project covering 3,000 contiguous hectares, which has had substantial historical drilling
and recent modern airborne geophysics. The Electrolode Project targets high-potential mineral
resources in three favorable geologic trends, located near major mines in the Red Lake Gold camp
and is strategically located between Kinross Gold’s Great Bear Project and First Mining Gold’s
Springpole Project. The Electrolode project is fully permitted for exploration drilling and hosts 10
historic mineralized zones with significant expansion potential plus new, untested targets ready for
further exploration.
www.totalmetalscorp.com
Cautionary Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in its
policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.
Tyler Thorburn
President and Chief Executive Officer
(416) 873-7662
Forward-Looking Information
This press release includes “forward-looking information” that is subject to assumptions, risks and
uncertainties, many of which are beyond the control of the Company. Statements in this news
release which are not purely historical are forward looking. Although the Company believes that any
forward-looking statements in this news release are reasonable, there can be no assurance that any
such forward-looking statements will prove to be accurate. The Company cautions readers that all
forward-looking statements, are based on assumptions none of which can be assured and are
subject to certain risks and uncertainties that could cause actual events or results to differ materially
from those indicated in the forward-looking statements. Such forward-looking statements represent
management’s best judgment based on information currently available. Readers are advised to rely
on their own evaluation of such risks and uncertainties and should not place undue reliance on
forward-looking statements.
The forward-looking statements and information contained in this news release are made as of the
date hereof and no undertaking is given to update publicly or revise any forward-looking statements
or information, whether as a result of new information, future events or otherwise, unless so required
by applicable securities laws or the Exchange. The forward-looking statements or information
contained in this news release are expressly qualified by this cautionary statement.