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Hayasa Announces Upsizing of Private Placement LIFE Offering of Units to C$2M from C$1.7M
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2025) - Hayasa Metals Inc. (TSXV: HA...

About this update from Hayasa Metals Inc.
[{"type":"text","content":"Hayasa Announces Upsizing of Private Placement LIFE Offering of Units to C$2M from C$1.7MVancouver, British Columbia--(Newsfile Corp. - September 15, 2025) - Hayasa Metals Inc. (TSXV: HAY) (OTCQB: HAYAF) (\"Hayasa\" or the \"Company\") is pleased to announce that it has increased its previously announced non-brokered private placement by $300,000 from up to 10,000,000 units (\"Units\") at a price of $0.17 per unit for gross proceeds of up to $1,700,000, to up to 11,764,706 Units at a price of $0.17 per Unit for gross proceeds of up to $2,000,000 (the \"Placement\"). Each Unit will be comprised of one common share of the Company (\"Share\") and one half of one share purchase warrant. Each whole share purchase warrant (\"Warrant\") will entitle the holder to purchase one Share at a purchase price of $0.22 from the date that is 61 days following the close of the Placement until the date that is 18 months from the close of the Placement.The Units to be issued under the Placement will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (\"Listed Issuer Financing Exemption\"), in all the provinces of Canada. The Company may also offer the Units for sale in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and in those other jurisdictions outside of Canada and the United States provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction. The securities offered under the Listed Issuer Financing Exemption will not be subject to Canadian resale restrictions in accordance with applicable Canadian securities laws.Joel Sutherland, CEO of Hayasa, states, \"We are encouraged by the interest by existing and new shareholders in the offering and owing to strong demand that exceeds the initial offering size, we are pleased to increase the offering to $2,000,000 to accommodate the additional interest on a first come first serve basis. We continue to expect to have Urasar assays out in early October.\"The Placement is being led by existing shareholders and insiders. Net proceeds of the Placement will be used to advance exploration at the Company's Urasar project in Armenia, evaluate other mineral property o...