Domestic Metals Clarifies First-Tranche Financing Close

Domestic Metals Clarifies First-Tranche Financing Close

Domestic Metals Corp. (the "Company" or "Domestic") - (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) reports further to their news release dated October 9, 2025 announcing the closing of a first tranche of the LIFE Offering (the "Offering") issuing an aggregate 4,695,715 units of the Company ("Units") at a price of $0.28 per Unit for gross proceeds of $1,314,800, that there is no statutory hold period applicable to the securities underlying the Units issued in the Offering. Accordingly, such securities were free trading from the date of issuance and not subject to a hold period of four months plus one day as indicated in the original closing news release.

Each Unit consists of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional share of the Company for a period of three years from the date of issuance at a price of $0.40 per share. The expiry of the Warrants may be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange is equal to or greater than $0.65 for a minimum of twenty consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrants.

The broker warrants issued to the finders as described in the original closing news release, together with the common shares of the Company underlying such broker warrants, will still be subject to a statutory hold period in Canada of four (4) months and one (1) day after the issuance of such broker warrants.

This press release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been nor will be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This - 2 -

press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Domestic Metals Corp.

Domestic Metals Corp. is a mineral exploration company focused on the discovery of large- scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.

The Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.

On behalf of Domestic Metals Corp.

Patricio Varas, Chairman and CEO (604) 831-9306

Follow us on: X, LinkedIn, Facebook and Instagram

For more information on Domestic Metals, please contact: Patricio Varas, Phone: 604-831-9306 or Michael Pound, Phone: 604-363-2885

Please visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com.

For all investor relations inquiries, please contact: John Liviakis, Liviakis Financial Communications Inc., Phone: 415-389-4670

Neither 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. - 3 -

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements may include, without limitation, statements relating to the Offering and the planned exploration activities on properties. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Source

DMCU:CC
Domestic Metals

Domestic Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Domestic Metals (TSXV:DMCU)

Domestic Metals

Investing in America’s Copper Future to Meet Critical Metal Demand

Investing in America’s Copper Future to Meet Critical Metal Demand Keep Reading...
Democratic Republic of Congo on a map with a small flag.

DRC Closes Glencore Offices Over Tax Row

Congolese tax authorities sealed the local offices of Glencore's (LSE:GLEN,OTCPL:GLCNF) Kamoto Copper subsidiary last Thursday (July 9) over a multibillion-dollar payment dispute, Bloomberg reported.The government tax agency, known as the DGI, shut the Kolwezi offices after settlement talks... Keep Reading...
The building facade displays large orange letters "BHP" against a clear blue sky.

BHP Secures Key Chile Permit, Awards Australian Contract in Dual Copper Push

Top copper miner BHP (ASX:BHP,NYSE:BHP,LSE:BHP) continues to accelerate its global copper expansion, simultaneously securing environmental clearance to upgrade its Escondida mine in Chile and awarding an engineering contract worth over AU$200 million to scale its South Australian processing... Keep Reading...
Copper coil stack with numbers written on it, in front of a blurred industrial background.

Copper Price Trends: Q2 2026 Review and Forecast

Copper prices stayed elevated in Q2 as new factors further impacted already strained supply/demand.Copper supply has been affected by disruptions at major mine sites, smelter and refiner concentrate shortages and the US-led war against Iran, which has led to the closure of major shipping lanes... Keep Reading...
Chilean flag waves against a cloudy blue sky with a metallic pole.

Anglo American, Codelco Finalize Deal to Merge Adjacent Copper Mines

Anglo American (LSE:AAL,OTCQX:NGLOY) and Codelco have finalized an agreement to merge the mine plans for their adjacent Los Bronces and Andina copper operations in Chile.The transaction follows a preliminary agreement signed in September 2025; the firms have now cleared all remaining antitrust... Keep Reading...
Nine Mile Metals Announces Completion of DDH WD-26-01, Intersecting 129.72 Meters of Visual Mineralization and Identifies Two Massive Sulphide Zones

Nine Mile Metals Announces Completion of DDH WD-26-01, Intersecting 129.72 Meters of Visual Mineralization and Identifies Two Massive Sulphide Zones

Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile"), is pleased to announce that DDH WD-26-01 has been completed, logged, measured and 2 massive sulphide zones have been identified, including the new zone at depth, as in DDH WD-26-02.DDH WD-26-01... Keep Reading...
Domestic Metals

Domestic Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Interactive Chart

Latest Press Releases

Related News