Loyalist Exploration Closes Additional $30,000 Tranche of Concurrent Financing

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[{"type":"text","content":"Toronto, Ontario – TheNewswire – July 11, 2025 – Loyalist Exploration Limited (CSE: PNGC) (“Loyalist” or the “Company”) is pleased to announce that the Company has closed an additional $30,000 of its open, non-brokered private placement, to augment the Company’s financing of its now 100% owned Loveland Cu/Ni and Au project in Timmins Ontario. Closing of Financing The Company has issued 3,000,000 units of the Company (“Units”) for aggregate gross proceeds of $30,000 (the “Third Tranche”) of its upsized non-brokered private placement of $1,500,000 of Units (the “Offering”), at a price of $0.01 per Unit (the “Offering Price”). Each Unit consists of one common share of the Company and one common share purchase warrant exercisable at a price of $0.05 for thirty-six months following the date of issuance. In connection with the Offering, the Company paid finder’s fees of $2,400 and issued 300,000 finder’s warrants to acquire one Unit of the Offering at the Offering Price for a period of sixty months from the closing date of the Financing. The proceeds from the financing will be used to augment the Company’s 100% owned, Loveland Property as well as general working capital purposes. All of the securities issued and issuable in connection with the Offering and the Acquisition are subject to a hold period expiring four months and one day after the date of issuance of the securities. Completion of the Offering and the Acquisition is subject to the receipt of all required regulatory approvals, including the approval of the Canadian Securities Exchange. The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) have reviewed or accept responsibility for the adequacy or accuracy of this release. About Loyalist Exploration Limited Loyalist Exploration Limited is a mineral exploration company concentrating on acquiring, exploring, and developing quality mineral properties in Canada. T...

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