EMP METALS ISSUES 216,000 WARRANTS TO TEMBO

EMP Metals Corp. has completed the issuance of 216,000 common share purchase warrants to Tembo Capital Holdings, designated as drawdown fee warrants. This transaction represents a continuation of the company's previously announced arrangements with Tembo Capital, building on communications made in November and December 2024, as well as March 2025.

The warrant issuance suggests an active financing relationship between EMP Metals and Tembo Capital Holdings, with these drawdown fee warrants likely serving as compensation for capital facility access or similar financial services. The structured nature of the arrangement, evidenced by multiple announcements over several months, indicates a planned capital deployment strategy rather than an ad hoc transaction.

For the mining sector, such warrant-based financing arrangements have become increasingly common as companies seek flexible capital access while managing dilution. The involvement of Tembo Capital Holdings, which appears to be providing ongoing financial services, reflects the specialized financing solutions available to junior mining companies in the current market environment. This transaction positions EMP Metals to potentially access additional capital as needed for its operations and development activities.