Desert Mountain Energy Announces Life Offering to Raise Up To $3,000,000

Vancouver, Canada – TheNewswire - March 27, 2026 — DESERT MOUNTAIN ENERGY CORP. (“DME” or the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) From the President of the Company. DME is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“ Haywood ”), as sole agent and bookrunner, to offer for sale on a best efforts private placement basis, and using the LIFE Exemption (as defined below), up to 6,976,744 Units of the Company at a price of $0.43 per Unit, for aggregate gross proceeds of up to $3,000,000 (the “ Offering ”). Each Unit will be comprised of one common share in the capital of the Company (a "Unit Share") and one common share purchase warrant of the Company (a "Warrant"). Each Warrant will entitle 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 C$0.70 , at any time up to the date that is 36 months following the Closing Date. Proceeds from the Offering will be used to advance the Company's gas properties and related projects, and for general working capital.
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