T2 Metals Closes Oversubscribed Private Placement Of $1.468 Million

(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD) ("T2" or the "Company") is pleased to announce the closing of its oversubscribed non-brokered private placement (the " Financing" ) announced on November 12, 2025 and December 3, 2025, by issuing a total of 4,562,567 hard dollar units (each a " HD Unit "), at a price of $0.30 per HD Unit, for gross proceeds of $1,368,770 and 250,000 flow-through units (each a " FT Unit ") at a price of $0.40 per FT Unit for gross proceeds of $100,000.

Each HD Unit consists of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.45 for a period of two years from closing. Each FT Unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant was issued on a non-flow-through basis and entitles the holder to purchase an additional common share at a price of $0.45 for a period of two years from closing.

Net proceeds from the Financing will be used to fund exploration at the Company's Sherridon copper-gold project in Manitoba, the Shanghai gold-silver project in the Yukon's Tombstone Gold Belt and for working capital.

Mark Saxon, CEO of T2 Metals Corp commented, "We appreciate the support of existing and new shareholders who took part in this oversubscribed financing. The Company is very well placed with exciting gold, copper and silver projects in Manitoba and the Yukon, and we look forward at a highly successful 2026."

The gross proceeds from the sale of FT Units will be used by the Company to incur eligible "Canadian exploration expenses" that will qualify as "flow-through critical mineral mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the " Qualifying Expenditures ") related to the Sherridon Project, Manitoba.

Certain insiders of the Company participated in the Offering and purchased an aggregate of 999,833 HD Units and 125,000 FT Units. Participation of the insiders in the offering constituted a "related party transaction" as defined under Multilateral Instrument 61‐101 - Protection of Minority Security Holders in Special Transactions ("MI 61‐101"), but was exempt from the formal valuation and minority shareholder approval requirements of MI 61‐101, as neither the fair market value of the securities issued to the insiders nor the consideration paid by the insiders exceeded 25% of the Company's market capitalization. None of the Company's directors expressed any contrary views or disagreements with respect to the foregoing. The Company did not file a material change report 21 days prior to the closing of the Offering as the details of the participation of the insiders of the Company had not been confirmed at that time.

Finder's fees in the amount of $8,100 cash and 27,000 finder's warrants (the " Finder's Warrants ") were paid on a portion of the financing. Each Finder's Warrant is convertible into one common share at a price of $0.45 for a period of two years from closing. All securities issued in the Financing are subject to a four-month hold period and to all necessary regulatory approvals, including the final acceptance of the TSX Venture Exchange.

All securities issued in the Financing are subject to a four-month hold period and to all necessary regulatory approvals, including the final acceptance of the TSX Venture Exchange.

This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States, 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 U.S. Securities Act) absent registration under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements.

About T2 Metals Corp (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD)
T2 Metals Corp is an emerging copper and precious metal company enhancing shareholder value through exploration and discovery. The Company continues to target under-explored areas, including the Sherridon, Lida, Cora and Copper Eagle projects where post-mineralization cover masks areas of high geological prospectivity in the vicinity of major mines.

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