Armory Mining Announces Debt Settlement

About this update from Armory Mining Corp.

(via TheNewswire)   Vancouver, B.C. – TheNewswire - June 19, 2026 – Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the "Company" or "Armory") a resource exploration company focused on the discovery and development of minerals critical to the energy, security and defence sectors, announces its intention to settle $181,200 in outstanding debt owed to a former officer of the Company for unpaid consulting services. The Company has agreed to issue 6,000,000 common shares of the Company at a deemed price of $0.0302 per share to the former officer (the “Debt Settlement”).   The Company intends to complete the Debt Settlement to preserve the Company’s cash for working capital and improve its financial position by reducing its existing liabilities. The Debt Settlement is expected to close shortly, subject to customary closing conditions, including, but not limited to, finalizing all contractual documentation and receipt of all applicable regulatory approvals, as applicable, including compliance with the policies of the Canadian Securities Exchange (the “CSE”).   The Debt Settlement shares will be subject to a four-month hold period in accordance with applicable Canadian securities laws and the policies of the CSE.    About Armory Mining Corp Armory Mining Corp. is a Canadian exploration company focused on minerals critical to the energy, security and defense sectors. The Company controls an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. In addition, the Company controls 100% interest in both the Ammo antimony-gold project located in Nova Scotia and the Riley Creek antimony-gold project located in British Columbia.   Contact Information   Alex Klenman CEO & Director [email protected] 604-970-4330   Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.   This news 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 Company’s securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The Company’s securities have n...

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