EMP METALS ANNOUNCES FINANCING OF UP TO $1,000,000

EMP Metals Corp. has announced a non-brokered private placement financing of up to $1 million, representing a significant capital raise for the lithium exploration company. The offering consists of up to 2 million units priced at $0.50 each, with each unit comprising one common share and one warrant exercisable at $0.70 for a period of one year from issuance.

The financing structure provides immediate capital while offering investors additional upside potential through the warrant component. The $0.70 exercise price represents a 40% premium to the unit price, indicating management's confidence in value creation over the next twelve months. The offering is expected to close within 15 days, subject to regulatory approvals including CSE consent.

Proceeds from the financing will be directed toward advancing EMP's Saskatchewan lithium projects and general working capital requirements. This capital injection comes at a critical time for the company as it seeks to develop its substantial land position of over 205,000 net acres in Southern Saskatchewan, an emerging lithium district. The company's focus on direct lithium extraction (DLE) technology positions it well within the growing North American lithium supply chain.

The financing represents a strategic move to capitalize on increasing lithium demand driven by the energy transition and electric vehicle adoption. EMP's significant acreage position and strategic wellbores in Saskatchewan provide exposure to one of Canada's most prospective lithium regions. The successful completion of this financing will provide the company with necessary resources to advance exploration and development activities while maintaining its competitive position in the rapidly evolving lithium sector.