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VANCOUVER, British Columbia, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) ("Reflex" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement offering of units of the Company ("Units"), at a price of C$0.175 per Unit, for aggregate gross proceeds of C$199,925. Each Unit is comprised of one common share of the Company (each, a "Share") and one Share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder to acquire one Share (each, a "Warrant Share") at a price of C$0.23 for a period of 24 months.

The Company intends to use the net proceeds raised from the Offering for working capital and general corporate purposes. All securities issued in the Offering are subject to a four month and one day hold period.

The securities issued pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This ...