Canamera Energy Metals Corp. Announces $1.12 Million Private Placement for Exploration

Canamera Energy Metals Corp. (CSE: EMET) has announced plans to raise up to $1.12 million through a non-brokered private placement. The company intends to issue up to 2,000,000 flow-through units at a price of $0.56 per unit. Each unit will consist of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable to acquire one additional common share at a price of $0.65 for a period of 36 months from the closing date of the offering.

The proceeds from this private placement are designated for use on qualifying Canadian exploration expenses as defined under the Income Tax Act (Canada). This strategic funding move is subject to customary closing conditions and includes a statutory hold period of four months and one day from the closing date. The offering may involve finder's fees in accordance with the policies of the Canadian Securities Exchange, including cash compensation of up to 6% and finder's warrants equal to 6% of the number of units sold to subscribers introduced by finders.

Canamera Energy Metals Corp. is a rare earth and critical metals exploration company building a portfolio of district-scale opportunities across the Americas. The company's asset base includes several significant projects. In British Columbia, the company holds the Mantle project. In Northern Ontario, it operates the Garrow rare earth elements project. Also in Ontario is the Schryburt Lake rare earth and niobium project. In the United States, the company has the Iron Hills critical and rare earth project located in Colorado. Internationally, Canamera holds the Turvolândia and São Sepé rare earth element projects in Brazil.

Across this diverse portfolio, Canamera targets underexplored regions that exhibit strong geological signatures and are located within supportive jurisdictions. The company employs comprehensive geochemical, geophysical, and geological datasets to generate and advance high-conviction, first-mover exploration targets. The funding from this private placement is expected to support these exploration activities, which are crucial for identifying and developing new sources of rare earth and critical metals. These materials are essential components in various modern technologies, including renewable energy systems, electric vehicles, and advanced electronics, making their secure supply a matter of strategic importance. For more information about the company and its projects, visit https://canamerametals.com/.

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