Pacific Imperial Mines Announces Private Placement to Fund Exploration

November 13, 2026 — Leads & Copy — Vancouver, British Columbia – Pacific Imperial Mines Inc. (TSX.V: PPM) announced today its intention to complete a non-brokered private placement to raise up to $4 million through the sale of flow-through and non-flow-through units. The offering aims to fund the company's mining exploration expenditures and general working capital requirements.

The private placement will consist of two components. The company plans to issue up to 33,333,333 flow-through units at $0.075 per unit for gross proceeds of up to $2,500,000. Each flow-through unit will comprise one common share issued on a flow-through basis and one common share purchase warrant. Additionally, Pacific Imperial intends to sell up to 20,000,000 non-flow-through units at $0.075 per unit, potentially raising up to $1,500,000. Each non-flow-through unit will include one common share and one warrant.

The warrants underlying both unit types will be exercisable at $0.10 per common share for a period of five years from the date of issuance. These warrants will be transferable. No finder's fees will be paid in connection with this financing.

Proceeds from the flow-through shares will be used to incur Canadian exploration expenses, qualifying as flow-through mining expenditures under the Income Tax Act (Canada). The overall proceeds are earmarked for mining exploration and general working capital.

Securities issued in the private placement will be subject to a four-month hold period from the closing date, in compliance with securities laws. The placement is contingent upon standard closing conditions, including approval from the Exchange.

Pacific Imperial Mines is a mineral exploration company based in Vancouver, Canada. Its operations involve the acquisition, exploration, evaluation, and development of mineral properties. The company's current focus is on the Babine and Fenton properties located in British Columbia.

Source: Pacific Imperial Mines Inc.