Canamera Energy increases private placement to C$2 million

Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) increased its non-brokered private placement offering to 4,444,445 units from 2,222,223 units at C$0.45 per unit, raising the total potential proceeds to C$2 million from a previously announced amount.

Each unit comprises one common share and one-half warrant, with warrants exercisable at C$0.56 for 36 months. The company plans to use proceeds for working capital and general corporate purposes. The offering is scheduled to close on or around October 31, 2025, subject to customary conditions including Canadian Securities Exchange approval.

The company simultaneously reduced a concurrent private placement from 4,444,445 non-flow-through units to 3,333,334 units at C$0.45 each, lowering potential proceeds to C$1.5 million.

Canamera's common shares began trading on the OTCQB market under ticker EMETF on October 24, 2025, while maintaining its CSE listing under symbol EMET. The OTCQB listing requires companies to maintain current reporting, undergo annual verification processes, and meet minimum bid price requirements.

"Uplisting to the OTCQB Venture Market represents another milestone for our company and reflects our commitment to transparency, growth and delivering long-term value to our shareholders," said Chief Executive Officer Brad Brodeur.

The Edmonton-based mineral exploration company focuses on rare-earth elements and critical metal assets in the Americas, including the Mantle project in British Columbia. The securities offered have not been registered under U.S. Securities Act and cannot be sold in the United States without registration or applicable exemptions.

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