Tuesday, 02 January 2024 12:17 GMT

Inomin Closes Private Placement


(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - July 4, 2025) - Inomin Mines Inc. (TSXV: MINE) (" Inomin " or the " Company ") announces the close of its non-brokered private placement (the " Financing ") as announced on May 22, 2025. The Company issued 6,565,000 units (" Units ") at $0.035 per Unit for gross proceeds of $229,775. Each Unit is comprised of one common share of the Company (a " Share ") and one Share purchase warrant (a " Warrant "). Each Warrant is exercisable to purchase a Share at a price of $0.05 per share for a period of 24 months from the date of issuance thereof.

All securities issued are subject to a hold period expiring November 4, 2025, in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the " TSXV "). The Financing remains subject to final acceptance by the TSXV. Inomin intends to allocate the gross proceeds raised from the sale of the Units as follows: 50% for general working capital; 25% to pay non-arm's-length management service fees; 10% for marketing activities; and 5% for property evaluations.

The Company paid a total of $15,349.25 in cash commission and issued a total of 438,550 broker warrants (" Broker Warrants ") as finder's fees. Each Broker Warrant is exercisable for one Share at a price of $0.05 per share for a period of 24 months.

About Inomin Mines

Inomin Mines is focused on the identification, acquisition, and exploration of mineral properties with strong potential to host significant resources, especially critical minerals, as well as gold and silver projects. Inomin trades on the TSXV under the symbol MINE . For more information visit and follow us on Twitter @InominMines .

On behalf of the board of Inomin Mines:

Inomin Mines Inc.
Per: "John Gomez"
President and CEO

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