Domestic Metals Corp completes $3.1 million private placement

Domestic Metals Corp. (TSXV: DMCU) completed a private placement raising $3,072,636 through the issuance of 10,973,700 units at $0.28 per unit, according to a company statement.

Each unit consists of one common share and one warrant. The warrants allow holders to purchase additional shares at $0.40 each within three years of issuance.

The company paid finders' fees totaling $150,404 in cash and issued 537,159 warrants to four financial firms: Beacon Securities Limited, Canaccord Genuity Corp., Leede Financial Inc., and Ventum Financial Corp.

All securities issued carry a four-month plus one-day hold period restricting trading. The offering requires final acceptance from the TSX Venture Exchange.

Domestic Metals plans to use the net proceeds for general working capital and exploration, development and drilling costs. The Vancouver-based company focuses on copper and gold exploration in historical mining districts across the Americas, including the Smart Creek Project in Montana.

The private placement was initially announced on April 14, 2026. Securities issued have not been registered under U.S. securities laws and cannot be offered or sold in the United States without registration or applicable exemptions.

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