BULLETIN V2026-1629
PERSEVERANCE METALS INC. ("PMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 7, 2026
TSX Venture Tier 2 Company
Financing Type: Non-Brokered Private Placement
Gross Proceeds: $8,215,489.33
Offering: 4,615,385 Listed Shares with 2,307,692 warrants
641,008 Ontario Flow-Through ("ON FT") Shares with 320,504 warrants
4,623,042 Quebec Charity Flow-Through ("CFT") Shares with 2,311,521 warrants
Offering Price: $0.65 per Listed Share
$0.78 per ON FT Share
$1.02 per CFT Share
Warrant Exercise Terms: $0.95 per Listed Share for a three-year period, subject to an acceleration right
Commissions in Securities: Shares Warrants
Finders (Aggregate) N/A 239,969
Commission Terms: Each non-transferable warrant is exercisable at $0.95 for a three-year period, subject to an acceleration right
Disclosure: Refer to the company's news releases dated February 11, 2026, February 23, 2026, March 2, 2026, March 10, 2026, March 23, 2026, and April 28, 2026.
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