Iconic Minerals Ltd. Closes Non-Brokered Private Placement for Gross Proceeds of $3,750,000

Iconic Minerals Ltd. has successfully completed a non-brokered private placement financing, raising gross proceeds of $3,750,000. The Vancouver-based company has filed the necessary documentation with TSX Venture Exchange for final acceptance of the financing, which was previously announced on January 5, 2026.

This financing represents a significant capital raise for Iconic Minerals, providing the company with substantial working capital to advance its business objectives. Non-brokered private placements are typically more cost-effective for companies as they avoid broker fees and commissions, allowing more of the raised capital to be deployed directly into operations and project development.

The completion of this financing demonstrates continued investor confidence in Iconic Minerals' strategic direction and growth prospects. With $3.75 million in new capital, the company is well-positioned to execute on its planned activities and capitalize on market opportunities. The multi-exchange listing on TSX Venture, OTCQB, and Frankfurt Stock Exchange provides the company with broad market access and liquidity for both existing and new shareholders.

Pending final TSXV acceptance, this financing provides Iconic Minerals with the financial flexibility to advance its business plan and positions the company for the next phase of growth. The successful completion of this substantial private placement in the current market environment reflects both management's ability to attract investment and the underlying strength of the company's investment proposition.