Resouro Strategic Metals Inc. (RSM.V) Completes First Tranche of Private Placement

Toronto, Oct 21, 2025 AEST (ABN Newswire) - Resouro Strategic Metals Inc. (ASX:RAU) (CVE:RSM) (8TX:FRA) (RSGOF:OTCMKTS) is pleased to announce that it has now completed the first closing of its previously announced non-brokered private placement (the "Private Placement").

Under this first tranche, the Company has issued 5,000,000 units (the "Units") at price of CAD$0.20 per Unit to raise total gross proceeds of CAD$1,000,000. Each Unit consists of one common share ("Common Share") in the capital of the Company and one-half of one common share purchase warrant, comprising 2,500,000 warrants in total ("Warrant"). Each Warrant entitles the holder to purchase one additional Common Share at a price of CAD$0.30 per share for a period of three-years from the date of issuance.

The Company anticipates closing the second and final tranche of the Offering, for an additional 10,000,000 Units, this week.

The Company intends to use the net proceeds of the Offering to advance the engineering program, an essential step toward the Preliminary Economic Assessment for the Tiros project, as well as for general working capital purposes.

All securities issued under the Offering are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws and TSX Venture Exchange policies. In accordance with the ASX Listing Rules, the 5,000,000 shares were issued pursuant to the Company's available placement capacity under Listing Rule 7.1A while the 2,500,00 Warrants were issued pursuant to Listing Rule 7.1.

No finder's fees were paid.

The Offering remains subject to final approval by the TSX Venture Exchange.

About Resouro Strategic Metals Inc.

Resouro Strategic Metals Inc. (ASX:RAU) (CVE:RSM) (OTCMKTS:RSGOF) (FRA:8TX) is a Canadian incorporated mineral exploration and development company, listed on the ASX, TSXV, OTC and FSE, focused on the discovery and advancement of economic mineral projects in Brazil, including the Tiros Titanium-Rare Earths Project and the Novo Mundo Gold Project. The Tiros project has 28 mineral concessions totalling 497 km2 located in the state of Minas Gerais, one of the best infrastructurally developed states of Brazil, 350 km from the state capital of Belo Horizonte. Resouro's Mineral Resource Estimate for the Tiros Project contains 165 million tonne of titanium dioxide and 5.5 million tonne of total rare earths oxides within a Measured and Indicated Resource of 1.4 billion tonne at 12% titanium dioxide and 4,000 ppm of total rare earth oxides.

   

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