Wayfinder Closes Oversubscribed Private Placement
Wayfinder Metals Corp.
(formerly Westmount Minerals Corp.)
250 Southridge NW, Suite 300
Edmonton, AB T6H 4M9
Telephone: 780-437-6624
Wayfinder Closes Oversubscribed Private Placement
Edmonton, AB, July 17, 2026 – Wayfinder Metals Corp. (formerly Westmount Minerals Corp.;
“Wayfinder”) (CSE: WMC ) is pleased to announce the closing of its Offering previously
announced on July 7, 2026, with the sale of an aggregate of 8,737,795 units (the “ Units”) at a
price of $0. 12 per Unit for total gross proceeds of $1,048,535 (the “ Offering”). Each Unit
consists of one (1) common share of Wayfinder and one-half of a share purchase warrant (each
whole share purchase warrant, a " Warrant"). Each Warrant entitles the holder to acquire one
additional common share at an exercise price of $0.20 per share for a period of two (2) years
from the date of issuance.
In connection with the sale of these Units, Wayfinder paid a total of $28,141 in cash and issued
234,510 finder’s warrants (the “ Finder’s Warrants”) to an eligible finder for certain of the Units
sold. Each Finder’s Warrant entitles the holder to purchase one (1) common share of Wayfinder
at a price of $0.12 per share, for up to two (2) years from the date of issuance.
The net proceeds from the Offering will be used for general working capital requirements . All
securities issued are subject to a hold period until November 16, 2026.
Certain insiders of Wayfinder , being directors and officers of Wayfinder and companies
controlled by them , participated in the Offering, acquiring a total of 759,167 Units. Such
subscription by these insiders for a portion of the Offering constitutes a related party transaction
for the purposes of Multilateral Instrument 61-101 - Protection of Minority Security Holders in
Special Transactions (“MI 61-101”), but Wayfinder is relying on exemptions from the formal
valuation and minority shareholder approval requirements provided under sections 5.5(a) and
5.7(1)(a) of MI 61-101 on the basis that the fair market value of the subscription, insofar as it
involves the insider s of Wayfinder does not exceed 25% of the market capitalization of the
Issuer, as determined in accordance with MI 61-101.
The Offering did not result in the creation of a new control person.
For additional information with respect to this Offering, please refer to Wayfinder ’s news release
dated July 7, 2026, available for viewing on Wayfinder’s SEDAR+ profile (www.sedarplus.ca).
About Wayfinder Metals Corp.
Wayfinder is focussed on acquiring high quality base and precious metal assets globally. For
more information, please refer to Wayfinder 's prospectus dated February 14, 2022, available on
SEDAR+ (www.sedarplus.ca).
For further information, please contact:
Bryan Atkinson
Executive Chair
T: (780) 437-6624
Neither the Canadian Securities Exchange 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.
Forward-Looking Information: Forward looking statements in this press release but are not limited to, statements
with respect to the expectations of management regarding the Offering, the expectations of management regarding
the use of proceeds of the Offering, closing conditions for the Offering, and no objection from the CSE in respect of
the Offering. These forward-looking statements are subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from those projected in the forward-looking information.
Risks that could change or prevent these statements from coming to fruition include the CSE objecting to the
Offering; the proceeds of the Offering may not be used as stated in this news release; Wayfinder may be unable to
satisfy all of the conditions to the closing required by the CSE. Wayfinder does not undertake to update any forward-
looking statements or information except as may be required by applicable securities laws.
Not for distribution to United States newswire services or for dissemination in the United States.