Vancouver, BC Thewswire – August 5, 2025 Heritage Mining Limited (CSE: HML) (“Heritage” or “Company”) It is pleased to declare that, for its news release on July 22, 2025, it has closed the first trantens of Non -Brucade Inspector Financing Offering, “Life”). 18,187,725 units (“units”), c $ 636,570 (“offering”) for a maximum offering ~ C $ 619,070 at a price of $ 0.035 per unit (“units”), c $ 636,570 (“offering”). The company expects to close the final trench in a short order.
18,187,725 units (“a non-brokened” best-cutter base “of up to” “life financing (” Life offering “) For GDP up to $ 635,570 for company units (each, one” Unit “) At a price of $ 0.035 per unit, each unit contains a (1) general shares of the company (each” General share “) And a (1) general share purchase warrant (A” Warrant “) The holder is given the right to buy an additional general shares of the company (A” Warrant share “)) At the cost of $ 0.05 at any time before or before 36 months from the closing date (as defined here), which will be introduced to the securities that will be introduced according to the issuer financing exemption listed under Part 5A of the National Instrument 45-106-Compactus exemption (” At 45-106 ,
The company paid a total ~ C $ 43,335 in the cash commission and a total of 1,238,139 compensation options (“” “” “” Compensation option “) Regarding the offer. Each compensation empowers the option holder to acquire an additional unit at a priced of $ 0.035 for a period of 36 months after the date of release.
In addition to the common working capital, the income of the company offered to fund the first announced exploration and drilling program will be used on its major Druton-Black Lake Project and Contact Bay, in addition to the general working capital. ,
“We are very happy to successfully shut down the first installment of life and appreciate continuous support from both new and existing shareholders. In particular, we received a total order of about $ 450,000, a strong support from a strategic investor that shares our long -term vision.
With most of our results from our 2025 exploration program, still outstanding, we are ready to communicate the results as they are obtained and are reporting back on our fixed diligent site trip to the Melba project. , Peter Shlo, Chairman, CEO and Director of Heritage Mining Limited commented.
About this Heritage Mining Limited
The company is a Canadian mineral exploration company that forwards its two high grade gold-silver-copper projects at Northwestern Ontario. Drayton-Black Lake and Contact Bay Projects are located near the syX lookout in the unlike Eagle-Wabigoon-Mainito Greenstone belt. Both projects benefit from historical data, excellent site access and logical support from the local community. The company is well capitalized, with a tight capital structure.
For more information, please contact:
Heritage Mining Limited
Peter Shlo, CPA, CA, CFA President, CEO and Director Phone: (905) 505-0918
Email: peter@heritagemining.ca
Look ahead statement
This news release includes some statements that further the information within the meaning of the applicable securities laws. These statements are related to the future events of the company. Any statement that expresses or incorporates or incorporates discussion regarding predictions, expectations, beliefs, plans, plans, objectives, perceptions, or future events or performance (often, but always, but not always, using words or phrases such as “seik”, “plans”, “continuing”, “continuing”, “estimates”, “estimates”, “,”, “,”, “,”, “” “,”, “,”, “,”, “,”, “,”, “Trust”, “trust”, “Outlook” and similar expressions are not the statements of historical facts and can pursue further information, in addition to the statements of historical facts, here.
Forward looking information includes known and unknown risks, uncertainties and other factors, which can cause the company’s actual results, performance, or achievements, which can vary from any future results, performances or achievements, which are expressed or contained by further information. Such risks include, among others, the underlying risk of the mining industry; Adverse economic and market development; The risk is that the company will not succeed in meeting additional acquisitions; Risk related to estimates of mineral resources; It is likely that the company’s estimated burn rate may be higher than anticipated; The risk of unexpected costs increases; Risk of shortage of labor; Risk related to investigation and development activities; Risk related to future prices of mineral resources; Risk related to work sites accidents,
Risks related to geological uncertainties and variations; Risks related to government and community support of company projects; Risk related to global epidemic and other risks related to mining industry. The company believes that the reflected expectations in such forward-looking information are appropriate, but no assurance can be assured that these expectations will prove to be correct and should not depend on the information that appears such forward inging. These statements only speak as this news release date. The company does not intend, and does not accept any obligation, to update any further visible information, in addition to the need by law.
The document does not make a proposal to offer, or offer the company’s securities under Canada, the United States, or any other jurisdiction. Any such proposal to sell or solicit a proposal to purchase the securities mentioned here will be made only for membership documentation between the company. And Future Buyer. Any As such Offering Desire Happen Made up In Dependence Above Discount From Catals And Registration requirements under the applicable securities laws, according to the membership agreement recorded by the company and potential investors.
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