Molten Metals Announces Further Update to Private Placement

Each Unit will be comprised of one common share of the Company and one-half of one transferable common share purchase warrant of the Company. Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.70 per share for period of two years from the date of issuance. The Offering is not subject to a minimum amount.

All of the proceeds of the Offering will be used towards exploration at its recently acquired Senneterre West claims located 25 km northeast of the gold mining center of Val d'Or, Quebec, potential acquisitions, marketing and awareness campaigns, and general working capital. The Offering is subject to the policies of the Canadian Securities Exchange.

The Offering will be conducted pursuant to available prospectus exemptions including sales to purchasers who have obtained suitability advice from a registered investment dealer pursuant to the exemption set out in BC Instrument 45-536 (Exemption from prospectus requirement for certain distributions through an investment dealer) (the "Investment Dealer Exemption"). The Investment Dealer Exemption is available to shareholders of the Company who (a) will be purchasing the security as a principal, and (b) who obtain advice regarding the suitability of the investment, and if they reside in Canada, that advice is obtained from a registered investment dealer. In accordance with the requirements of the Investment Dealer Exemption, the Company confirms that there is no material fact or material change related to the Company which has not been generally disclosed.

All securities to be issued under the Offering will be subject to a four month and one day hold period in accordance with applicable Canadian securities laws.

For Additional Information Please Contact

Rishi Kwatra

Chief Executive Officer

Molten Metals Corp.

604.760.3999

rishi@moltenmetalscorp.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, the completion of the Offering on the terms and timing described herein. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

Copyright (c) 2024 TheNewswire - All rights reserved.