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Metal Source Mining Announces $1.02 Million Private Placement with Eric Sprott and Provides Exploration Update

Metal Source Mining Secures $1.02 Million Private Placement Financing | Newsfile Corp

Vancouver, British Columbia–(Newsfile Corp. – December 24, 2025) – Metal Source Mining Inc. (CSE: MSM) (OTCQB: SFRIF) (FSE: E9Z) (the “Company”) is pleased to announce a non-brokered private placement financing of 3,400,000 units in the capital of the Company (each, a “Unit”) at a price of $0.30 per Unit, for gross proceeds of $1,020,000 (the “Offering”). Each Unit purchased will include one common share and one-half of one transferable common share purchase warrant.

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Brief Summary

Metal Source Mining Inc. has successfully announced a non-brokered private placement financing, raising $1.02 million to support its growth initiatives and exploration efforts. This financing represents the issuance of 3,400,000 units at $0.30 per unit.

  • Financing total: $1,020,000
  • Each unit includes one common share and one-half of a transferable warrant.
  • Strengthens capital structure for future projects.
  • Involvement of respected investor Eric Sprott.

This offering not only bolsters Metal Source’s balance sheet but also emphasizes the confidence investors have in its strategic direction.

Why it matters: This successful financing positions Metal Source Mining for upcoming exploration activities and potential market expansion.

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