
August 26, 2025
Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the "Company" or "Armory") a resource exploration company focused on the discovery and development of minerals critical to the energy, security and defense sectors, is pleased to announce the closing of its oversubscribed non-brokered private placement offering (the “Offering”), previously announced by the Company on August 7, 2025, by issuing 16,060,000 units (the “Units”) at a price of $0.05 per Unit for aggregate gross proceeds of $803,000.
Each Unit is comprised of one common share and one transferrable common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire an additional common share at a price of $0.065 per common share until August 25, 2028.
In connection with the Offering, the Company paid cash finder’s fees of $54,350 and issued 1,028,000 finder’s warrants to eligible arm’s length finders. The finder’s warrants are exercisable into a common share at $0.065 per common share until August 25, 2028. The Company also issued 1,300,000 common shares to an arm’s length advisor for providing the Company financial advisory, consulting, and support services in connection with the Offering.
The proceeds raised from the Offering are expected to be used for working capital and general corporate purposes. All securities issued under or in connection with the Offering are subject to a four month hold period expiring December 26, 2025, in accordance with applicable Canadian securities laws.
About Armory Mining Corp
Armory Mining Corp. is a Canadian exploration company focused on minerals critical to the energy, security and defense sectors. The Company controls an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina and a 100% interest in the Riley Creek antimony-gold project located in Haida Gwaii, British Columbia, and an option to acquire a 100% 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.
ARMY:CNX
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
4h
Aurum extends gold at Boundiali BST1, BMT2 and BMT3
Aurum Resources (AUE:AU) has announced Aurum extends gold at Boundiali BST1, BMT2 and BMT3Download the PDF here. Keep Reading...
10h
GoldInxs Mining Corp. Closes Second Tranche of Upsized Non-Brokered Private Placement and Announces Board Changes
GoldInxs Mining Corp. (TSX-V: INXS) (OTCQB: INXGF) (the "Company" or "GoldInxs") is pleased to announce that it has closed the second tranche (the "Second Tranche") of its previously announced non-brokered private placement (the "Offering"). Due to additional investor demand, the Company has... Keep Reading...
18h
Heliostar Reports 52.4m Grading 5.84 g/t Gold from the High Grade Panel and Continues to Build Out the Expansion Zone at Ana Paula
HIGHLIGHTS: High Grade Panel 52.4 m grading 5.84 g/t gold from 46.9 m, including 12.6 m grading 17.8 g/t gold 24.8 m grading 5.14 g/t gold from 43.0 m Expansion Zone 8.0 m grading 6.88 g/t gold from 469.0 m 3.4 m grading 10.64 g/t gold from 604.9 m 5.5 m grading 4.53 g/t gold from 434.0 m 6.4 m... Keep Reading...
18 October
Results demonstrate potential for resource growth at Massan
Asara Resources (AS1:AU) has announced Results demonstrate potential for resource growth at MassanDownload the PDF here. Keep Reading...
16 October
Precious Metals & Critical Minerals Virtual Investor Conference Presentations Now Available for On-Demand Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced that presentations from the Precious Metals & Critical Minerals Virtual Investor Conference, held October 13th –15th, 2026, are now available for on-demand viewing. The event was co-sponsored by... Keep Reading...
15 October
Aurum hits gold outside BST1 resource ahead of MRE update
Aurum Resources (AUE:AU) has announced Aurum hits gold outside BST1 resource ahead of MRE updateDownload the PDF here. Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00




