Adelayde Announces Private Placement To Fund Gold Drill Program In Esmeralda County, Nevada

(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - September 10, 2025) - Adelayde Exploration Inc. (CSE: ADDY) (OTCID: SPMTF) (WKN: A41AGV) (the "Company" or "Adelayde") wishes to announce a private placement to fund its planned gold drill program in Esmeralda County, Nevada.

James Nelson, President of Adelayde, stated, "With gold prices trading at record highs and with under 29 million shares currently outstanding, there has never been a better time for a drill program on our gold project in Esmeralda County, Nevada. Nevada is one of the premier addresses for silver and gold mining in the world. This financing will strengthen our working capital, allowing us to be more agile in the future when allocating resources for projects and a robust marketing effort. Given our current market capitalization of less than $2 million, any success in the ground could have an outsized impact on Adelayde's valuation."

The Company announces a private placement financing (the " Financing ") to raise gross proceeds up to one million dollars through an issuance of up to twenty million units (each, a " Unit ") at a price of $0.05 per Unit. Each Unit will be comprised of one common share in the capital of the Company (each, a " Share ") and one transferrable share purchase warrant (each, a " Warrant "). Each Warrant will entitle the holder thereof to acquire one additional Share (each, a " Warrant Share ") at a price of $0.075 per Warrant Share until 5:00 p.m. (Vancouver time) five years from the closing of the Financing. All securities issued in connection with the Financing are subject to a statutory hold period expiring four months and one day after the closing of the Financing. Net proceeds will be used towards the Company's general working capital. Finder's fees may be paid to eligible finders in connection with the Financing.

Any questions regarding this placement, please contact President James Nelson directly at 1-604-646-6903 or ... .

About Adelayde Exploration Inc.

Adelayde's projects include three lithium projects in Clayton Valley, Nevada: the 1,136-acre McGee lithium clay deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure Energy Minerals and Century Lithium Corp.; the 280-acre Elon lithium brine project, which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the 124-acre Green Clay lithium project. The Company also holds the 248-acre Clayton Ridge gold project in Esmeralda County, Nevada; the 4,722-acre George Lake South antimony project and the 4,890-acre Sisson North tungsten project, both located in New Brunswick.

Adelayde Exploration Inc.

"James Nelson"

James Nelson
President, Chief Executive Officer and Director

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