Vault Strategic Mining Corp. Closes Private Placement for $1.5 Million

Vancouver, British Columbia — September 29, 2026 — Leads & Copy — Vault Strategic Mining Corp. has successfully closed its non-brokered private placement, raising $1,500,000 through the sale of 12,000,000 units at $0.125 per unit. This funding will be directed towards exploration activities and general corporate purposes.

Each unit consists of one common share and one common share purchase warrant. These warrants grant holders the right to acquire an additional common share at an exercise price of $0.20 each, valid for twelve months from their issuance. All securities issued are subject to a four-month-and-one-day hold period, expiring on January 29, 2027, as mandated by securities legislation. The placement is pending final approval from the TSX Venture Exchange.

The warrants feature an acceleration provision. If, after four months and one day from their issuance, the company's common shares maintain a closing price at or above $0.30 for five consecutive trading days, Vault Strategic Mining Corp. can accelerate the warrant expiry. This would be communicated via a press release or other permitted notice, setting a new expiry date no less than 30 days from the notice.

In connection with the private placement, finder's fees totaling $80,400 in cash were paid. Additionally, 643,200 non-transferable finder's warrants were issued to Haywood Securities Inc., Ventum Financial Corp., Canaccord Genuity Corp., and Research Capital Corporation. Each finder's warrant allows the holder to purchase a common share at $0.20 until September 28, 2027, subject to the same acceleration clause applicable to the other warrants. These finder's warrants are also subject to a regulatory hold period ending January 29, 2027.

A portion of the private placement, specifically 900,000 units, was subscribed to by certain insiders of the company. This insider participation is exempt from specific valuation and minority shareholder approval requirements under Multilateral Instrument 61-101, as the fair market value of this participation does not exceed 25% of the company's market capitalization.

Vault Strategic Mining Corp. is a North American resource company focused on the acquisition and advancement of strategic and critical mineral projects in key mining jurisdictions. The company seeks historical and underexplored assets with potential for value creation through modern exploration and development. The company's common shares trade on the TSX Venture Exchange under the symbol KNOX, on OTC Markets as KNXFF, and on the Frankfurt Stock Exchange as M850.

Source: Vault Strategic Mining Corp.