Vanguard Mining Announces Closing of Private Placement of Units



Vanguard Mining Corp.
  

Vancouver, BC – August 1, 2025 – TheNewswire - Vanguard Mining Corp. ("Vanguard" or the "Company") (CSE: UUU | OTC: RECHF | Frankfurt: SL5) )  is pleased to announce that further to its news release dated July 22, 2025, it has closed its previously announced non-brokered private placement of units of the Company (the “LIFE Units”) at a price of $0.15 per Unit under the Listed Issuer Financing Exemption (as defined herein) for gross proceeds of $1,924,444.65 (the “LIFE Offering”).  Each Unit consists of one common share in the capital of the Company (a “LIFE Share”) and one-half of one transferrable common share purchase warrant (each whole warrant, a “LIFE Warrant”).  Each whole Warrant will entitle the holder to purchase one additional Share at a price of $0.22 for a period of eighteen (18) months from the closing of the LIFE Offering, subject to acceleration of the expiry date to 30 days in the event that the price of the Company’s common shares trades at or above $0.32 for five (5) consecutive trading days (the “Acceleration Right”).

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the LIFE Offering was made to purchasers resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the "Listed Issuer Financing Exemption"). The securities offered under the Listed Issuer Financing Exemption are not subject to a hold period in accordance with applicable Canadian securities laws.

In connection with the Offering, the Company paid an aggregate cash finder fee of $131,755.60 and issued an aggregate of  878,371 non-transferable finders’ warrants (each, a “Finder’s Warrant”).  Each Finder’s Warrant entitles the holder to acquire one common share in the capital of the Company at a price of $0.22 each for a period of eighteen (18) months from the date of issuance, all in accordance with the policies of the CSE.

The Company intends to use the proceeds from the LIFE Offering for exploration programs on its mineral properties and general working capital purposes.

The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

 

About Vanguard Mining Corp.

Vanguard Mining Corp. is a Canadian mineral exploration company focused on the discovery and development of high-value strategic minerals. The Company is currently advancing uranium exploration projects in the United States and Paraguay, with a focus on identifying and developing assets critical to the global energy transition. Vanguard is committed to responsible exploration and value creation through the acquisition and advancement of highly prospective uranium properties.

On Behalf of the Board of Directors

“David Greenway” David Greenway, CEO

For further information, please contact:

  

Vanguard Mining Corp. Brent Rusin

Phone: +1 672-533-0348

E-Mail: brent@vanguardminingcorp.com Website: https://vanguardminingcorp.com/

 

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

This news release may contain certain forward looking statements and forward looking information (collectively, “Forward-Looking Statements”) within the meaning of the applicable Canadian and U.S. securities laws. All statements, other than statements of historical fact, included herein including, without limitation, statements with respect to the Offering and the anticipated use of the proceeds therefrom, are forward-looking statements. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

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