Vault Strategic Mining Corp Announces Amended Terms Of Non-Brokered Private Placement

Vault Strategic Mining Corp announces that it has amended the terms of its non-brokered private placement previously announced on August 26, 2026. The offering will consist of up to 12,000,000 units, with the subscription price amended to $0.125 per unit, for aggregate gross proceeds of up to $1,500,000.

Each unit will consist of one common share of the Company and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of $0.20 for a period of 12 months from the date of issuance. The warrants will be subject to an acceleration provision. If, at any time following the date that is four months and one day after issuance, the volume-weighted average trading price of the Company’s common shares on the TSX Venture Exchange, or any other market on which the common shares are then listed, equals or exceeds $0.30 per share for five consecutive trading days, the Company may accelerate the expiry date of the warrants by providing written notice to warrant holders or issuing a news release. In such circumstances, any warrants that remain unexercised will expire 30 days following the date of such notice.

The Warrants will include a provision restricting exercise if such exercise would result in the holder, together with any persons acting jointly or in concert with the holder, owning 10% or more of the issued and outstanding common shares of the Company immediately following such exercise.

The net proceeds from the private placement will be used to fund exploration activities and for general corporate purposes. The Company may pay finder’s fees in connection with the private placement in accordance with the policies of the TSX Venture Exchange.

Participation by insiders of the Company in the private placement, if any, will constitute a related-party transaction under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements provided under Sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities to be issued to insiders nor the consideration to be paid by insiders is expected to exceed 25% of the Company’s market capitalization.

The private placement remains subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws.

Vault Strategic Mining Corp. is a North American resource company focused on acquiring and advancing strategic and critical mineral projects in top-tier mining jurisdictions. The Company targets historical and underexplored assets with the potential for value creation through modern exploration and disciplined development.