Desert Mountain Energy Closes $3,000,000 Offering

Vancouver, Canada – TheNewswire - April 9, 2026 — DESERT MOUNTAIN ENERGY CORP. (“DME” or the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has closed a brokered private placement of 6,976,744 units of the Company (“Units”) at a price of $0.43 (the “Offering Price”) each, for aggregate gross proceeds of $3,000,000 (the “Offering”). The Offering was conducted on a “best efforts” basis by Haywood Securities Inc., acting as lead agent and sole bookrunner (the “Agent”) for the Offering. Each Unit consisted of one common share in the capital of the Company (a “Share”) and one common share purchase warrant of the Company (a “Warrant”). Each Warrant entitles the holder thereof to acquire one common share in the capital of the Company (a “Warrant Share”), at a price per Warrant Share equal to $0.70, at any time up to April 9, 2029.
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