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Jan 7, 2026 8:00 PM

Future Mineral Announces $4.5m Financing

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TORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Future Mineral Resources Inc. (formerly Sulliden Mining Capital Inc.) ("Future Mineral" or the "Company") (TSX:FMR) announced today that it intends to complete a best efforts non-brokered private placement financing of up to 15,000,000 units (each, a "Unit") at a price of $0.30 per Unit for gross proceeds of up to $4,500,000 (the "Offering"). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.35 for a period of 12 months from issuance.

Closing of the Offering is expected to occur in early February 2026. All securities issued in connection with the Offering will be subject to a statutory hold period of four-months and one day. Completion of the Offering is subject to a number of conditions, including all approvals from the Toronto Stock Exchange ("TSX"). Finder's fees may be paid to eligible finders in accordance with the policies of the TSX ...