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Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States.
January 15, 2026 – TheNewswire - Capacitor Metals Corp. (the “Company” or “Capacitor”) is pleased to announce that it has received subscriptions for its previously announced non-brokered private placement to issue an aggregate of 19,193,583 non-flow-through units (each, a “NFT Unit”) at a price of $0.05 per NFT Unit and an aggregate 5,040,000 flow-through units (each, a “FT Unit”) at a price of $0.05 per FT Unit for total gross proceeds of $1,211,679.15.
When issued upon closing (the “Closing”), each NFT Unit will consist of one common share of the Company (each, a “NFT Share”) and one common share purchase warrant (each, a “Warrant”). Each FT Unit consists of one common share of the Company issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (each, a “FT Share”) and one Warrant. Each Warrant entitles the holder to purchase one NFT Share at a price of $0.10 per NFT Share, if exercised within the initial 12 months of the term of the Warrants, and at a price of $0.20 per NFT Share if exercised during the subsequent 12 months.
Upon Closing, the Company will pay finder’s fees consisting of an aggregate 273,000 finder’s warrants (each, a “Finder’s Warrant”) and a total cash commission of $14,550 to Ventum Financial Corp. and Canaccord Genuity Corp. Each Finder’s Warrant entitles the holder to purchase one NFT Share at a price of $0.10 per NFT Share, if exercised within the initial 12 months of the term of the Finder’s Warrants, and at a price of $0.20 per NFT Share if exercised during the subsequent 12 months.
The net proceeds from the sale of the NFT Units will be used for working capital and general corporate purposes. The gross proceeds from the issuance of the FT Units will be used to incur eligible “Canadian exploration expenses”, as defined in the Income Tax Act (Canada) (the “Act”), at the Blue River Tantalum and Niobium Project, which will be renounced to subscribers within the time set out in the subscription agreement and all in accordance with the Act.
About Capacitor Metals Corp.
Capacitor Metals Corp. is focused on the development of the Upper Fir Tantalum & Niobium Deposit on the company’s Blue River Tantalum-Niobium project located in British Columbia, Canada. The Company is positioning itself to be one of the lowest cost, ethically sourced tantalum-niobium producers globally.
The Upper Fir Tantalum & Niobium Deposit has a significant historical indicated resource of 9.6M kg contained tantalum and 77.8M kg contained niobium plus an historical inferred resource of 1.0M kg contained tantalum and 9.6M kg contained niobium. The Deposit is advanced with $34M CAD of work completed, including 271 drill holes totaling over 59,000 meters drilled, a historical Preliminary Economic Assessment (“PEA”) released, community consultations, and preliminary metallurgical and environmental work.
The Blue River Property is a fully serviced site in mining-friendly British Columbia, Canada with excellent infrastructure close at hand, including rail, paved road, water, and power adjacent to project site. The Blue River Property contains three known deposits of tantalum and niobium and an additional 20+ known exploration targets.
For more information, please visit the corporate website at www.capacitormetals.com or email jschroenn@capacitormetals.com.
On Behalf of the Board of Directors
Capacitor Metals Corp.
Chris Grove
President and CEO
Tel: (236) 484-0284
Email: cgrove@capacitormetals.com
Forward Looking Statements
This news release contains forward-looking statements, which includes any information about activities, events or developments that the Company believes, expects or anticipates will or may occur in the future. Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding future events. Forward looking statements in this news release include statements regarding the offering of FT Units and NFT Units and the proposed use of proceeds; statements that the Company is specifically focused on the development of its Blue River tantalum and niobium deposit in British Columbia; and statements that the Company is positioning to be one of the lowest cost, ethically sourced tantalum-niobium producers globally.
It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and prices. Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not be able to get equipment or labour as we need it; that the unit offering may not close, or that we may not be able to raise sufficient funds to complete our intended exploration and development; that any applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our properties; that we may not complete environmental programs in a timely manner or at all; that market prices for tantalum & niobium may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States or in any other jurisdiction, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the U.S. Securities Act, or any state securities laws, and accordingly, may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom.
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