Capella Minerals Ltd.

Capella Minerals is pleased to announce that, subject to TSX Venture Exchange approval, the Company's previously announced financing of 24,000,000 units at a price of $0.05 per "Unit" has been increased to CAD 1,500,000 due to heightened interest. Each "Unit" consists of one common share and one share purchase warrant exercisable for a period of 3 years allowing the holder to acquire an additional common share at a price [...]

Capella Minerals is pleased to announce that, subject to TSXV approval, the Company has negotiated a non-brokered private placement of 24,000,000 units at a price of $0.05 per "Unit". Each "Unit" consists of one common share and one share purchase warrant exercisable for a period of 3 years allowing the holder to acquire an additional common share at a price of $0.075. Gross proceeds of $1,200,000 will be used for general [...]

Capella Minerals is pleased to announce that it has signed a Definitive Agreement with Turkish mining company, Tümad Madencilik Sanayi Ve Ticaret, with respect to a staged earn-in proposal for the Company's portfolio of precious and base metal projects in Northern Finland and Norway. The Definitive Agreement contemplates an on-signing cash payment to Capella and mandatory Year 1 work commitments - including the completion [...]

Capella Minerals is pleased to provide the following update on the Letter of Intent signed by Turkish mining company, Tümad Madencilik Sanayi Ve Ticaret, with respect to the staged earn-in proposal for the Company's portfolio of precious and base metal projects in Scandinavia. Tümad today advised the Company that no material issues have been identified to date and that the Due Diligence process is in its final stages [...]

Capella Minerals is pleased to announce that it has strengthened its Corporate advisory team with the appointment of Ms. Nursel Atar as Strategic Advisor. Ms. Atar is a seasoned international lawyer and strategic advisor with over 30 years of experience in Corporate, Energy, and Mining law. She is the founder and senior partner of Legisterra, a boutique law firm based in Türkiye, with offices in Istanbul and Ankara [...]

Capella Minerals is pleased to announce that it has signed a Non-Binding Letter of Intent with leading Turkish mining company, Tümad Madencilik Sanayi Ve Ticaret A.S. , with respect to a staged earn-in proposal for the Company's portfolio of precious and base metal projects in Scandinavia. Under the terms of the Agreement, Tümad will have the exclusive option to earn-in to majority interests in Capella's Norwegian [...]

Capella Minerals is pleased to announce that Teako Minerals, the Company's strategic partner at the expanded Løkken copper-cobalt-zinc massive sulfide project, has initiated a scout diamond drill program at the Åmot Cu-Co-Zn target. The Åmot target is a 2km-long "buried" VMS target hosted within favourable stratigraphy for VMS-type deposits and located just 5km E of the former Løkken copper mining operations. The Åmot [...]

Capella Minerals is pleased to announce that it has received regulatory acceptance to its previously announced share consolidation. The Company's current outstanding shares 236,985,195 will consolidate on a 6 old for 1 new basis giving the Company 39,497,532 common shares outstanding post-consolidation. The Company anticipates its shares trading on a post-consolidated basis at the opening on Dec 23, 2024 under the new [...]

Capella Minerals is pleased to announce a corporate update and non-brokered financing concurrently with share consolidation. Capella will focus on its Northern Finland gold-copper projects and the advanced exploration-stage Hessjøgruva copper-cobalt-zinc project, having streamlined its portfolio through the divestiture of non-core assets in the Americas. Capella also entered in to a strategic partnership with [...]

Capella Minerals is pleased to announce that it has executed a Definitive Acquisition Agreement with Teako Minerals Corp. pursuant to which Teako will acquire a 90% interest in Capella's high-grade Løkken copper-cobalt-zinc project. In accordance with the Agreement, Capella will receive a combination of cash and common shares in Teako within two weeks of signing, a firm commitment by Teako to carrying out drilling on the [...]