Armory Mining Announces Closing of Second and Final Tranche of Private Placement
Vancouver - September 5, 2025 ? Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the "Company") is pleased to announce that it has closed the second and final tranche (the "Final Tranche") of its oversubscribed non-brokered private placement offering (the "Offering"), previously announced by the Company on August 25, 2025 and August 7, 2025. Under the Final Tranche, the Company issued an additional 1,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $50,000. Each Unit is comprised of one common share and one transferrable common share purchase warrant (a "Warrant"). Each Warrant issued under the Final Tranche entitles the holder to acquire an additional common share at a price of $0.065 per common share until September 5, 2028.
When combined with the Offering previously closed on August 25, 2025, the Company has now issued an aggregate of 17,060,000 Units for total gross proceeds of $853,000, which completes the Offering.
The proceeds raised from the Offering are expected to be used for working capital and general corporate purposes. All securities issued under the Final Tranche in connection with the Offering are subject to a four month hold period expiring January 6, 2026, in accordance with applicable Canadian securities laws.
About Armory Mining Corp.
Armory Mining is a Canadian exploration company focused on minerals critical to the energy, security and defence sectors. The company controls an 80-per-cent interest in the Candela II lithium brine project located in the Incahuasi salar, Salta province, Argentina, and a 100-per-cent interest in the Riley Creek antimony-gold project located in Haida Gwaii, B.C., and an option to acquire a 100-per-cent interest in the Ammo antimony-gold project located in Nova Scotia.
Contact Information
Alex Klenman
CEO & Director
alex@armorymining.com
Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the Company's securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.
Forward Looking Statements
This press release contains certain forward-looking statements, including statements regarding the intended use of funds. The words "expects," "anticipates," "believes," "intends," "plans," "will," "may," and similar expressions are intended to identify forward-looking statements. Although the Company believes that its expectations as reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements due to various factors, including, but not limited to, political and regulatory risks in Canada, operational and exploration risks, market conditions, and the availability of financing. Readers are cautioned not to place undue reliance on forward-looking statements, which are made as of the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.
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