Hercules Metals Increases Previously Announced Bought Deal Financing and Concurrent Private Placement to C$31.5 Million

Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, May 06, 2026 (GLOBE NEWSWIRE) -- Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FRA: C0X) (“Hercules Metals” or the “Company”) is pleased to announce that due to strong demand, it has entered into an agreement with BMO Capital Markets and SCP Resource Finance as joint bookrunners (the “Underwriters”) to increase the size of its previously announced brokered private placement (the “Concurrent Offering”).