Supernova Metals Corp. Announces Amended Offering Document for Unit Placement

July 11, 2025.

Vancouver, British Columbia — July 11, 2025 — NewsWall — Supernova Metals Corp. (CSE: SUPR) (FSE: A1S), soon to be Oregen Energy Corp., has filed an amended offering document related to its previously announced unit placement. The offering document is available on SEDAR+ and the company website.

The Supernova units are priced at $0.36 each, issued in tranches under the "listed issuer financing exemption" for a maximum gross proceeds of $4,000,000. Each unit includes a Supernova share and a warrant, exercisable at $0.54 for 24 months, subject to acceleration.

Concurrently, FinanceCo, a wholly-owned subsidiary, is placing units at $0.36 each via a private placement under the "accredited investor exemption" for up to $3,000,000. Research Capital Corporation is the lead underwriter, with Canaccord Genuity and Roth Canada Inc. also participating.

Each FinanceCo unit includes a FinanceCo share and a warrant, exercisable at $0.54 for 24 months, subject to acceleration. Warrants can be exercised 60 days after issuance. If Supernova's share price equals or exceeds $0.72 for 20 consecutive trading days, the company may accelerate the warrant expiration to 30 days after notice.

Net proceeds from the private placement will be used for acquisition, working capital, and general corporate purposes. Proceeds from the listed issuer financing exemption will be used for working capital and general corporate purposes. Closing is expected around the week of July 14, 2025, subject to conditions including CSE approval.

This release does not constitute an offer to sell securities in the United States or to U.S. persons, as defined under the Securities Act of 1933.

Mason Granger, CEO and Director
Telephone: 604‑737‑2303
Email: info@supernovametals.com

Source: Supernova Metals Corp.