Vertical Announces Financing
Suite 1240- 789 West Pender St.
Vancouver, British Columbia V6C 1H2
VERTICAL ANNOUNCES FINANCING
April 24, 2025, VANCOUVER, B.C. – VERTICAL EXPLORATION INC. (TSX-V: VERT) (“Vertical” or “the
Company”) announces that it has arranged a non-brokered private placement of up to 6,000,000 units at a price of
$0.05 per unit for aggregate gross proceeds of $300,000 (the "Offering").
Each Unit will be comprised of one common share ("Share") and one transferable common share purchase warrant
of the Company ("Warrant"). Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 24-
month period after the Closing Date at an exercise price of $0.10 per share. The warrants are subject to an
acceleration clause, in the event that the trading price of the Shares on the Toronto Stock Exchange, Venture
Market (the “TSXV”) reaches $0.25 or more for a period of ten consecutive trading days, the Corporation may, at
its option, accelerate the Warrant Expiry Date by delivery of notice to the registered holders (an “Acceleration
Notice”) thereof and issuing a press release (a “Warrant Acceleration Press Release”, and, in such case, the Warrant
Expiry Date shall be deemed to be 5: 00 p.m. (Vancouver time) on the 30th day following the later of (i) the date
on which the Acceleration Notice is sent to warrant holders, and (ii) the date of issuance of the Warrant
Acceleration Press Release.
Proceeds raised from the Offering will be used to advance the Company’s St. Onge project in Quebec and for
general working capital.
Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.
This offering is subject to TSX Venture Exchange acceptance.
ABOUT VERTICAL EXPLORATION
Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North
America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in
the Lac-Saint-Jean area in the Province of Quebec.
ON BEHALF OF THE BOARD
Peter P. Swistak, President
FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770
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.