Rackla Metals Completes Private Placement Financing, Raising $3.44 Million

V ancouver, British Columbia – May 25, 2026 – TheNewswire – Rackla Metals Inc. (TSX-V: RAK) (the “ Company ”) is pleased to report that it has closed its previously announced non-brokered private placement financing (the “ Offering ”), raising total gross proceeds of $3.44 million with the issuance of 16.0 million charity flow-through units (the “ CFT Units ”) at a price of $0.215 per unit. Each CFT Unit consists of one charity flow-through common share in the capital of the Company (each, a “ Common Share ”) that will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “ Tax Act ”) (each, a “ CFT Share ”) and one-half of one common share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant entitles the holder thereof to acquire one non-flow-through Common Share (each, a “ Warrant Share ”) at an exercise price of $0.20 per Warrant Share for a period of 12 months following the closing of the Offering.
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