Zeus North America Mining Corp. Concludes First Tranche of Private Placement

Zeus North America Mining Corp. has successfully completed the first tranche of its non-brokered private placement, raising $2,172,000. The company issued 21,720,000 units at $0.10 per unit. Each unit consists of one common share and half a warrant, allowing a full warrant holder to purchase an additional share at $0.15 until March 2028.

In connection with the placement, Zeus paid $155,660 in finders' fees and issued 1,481,600 broker warrants, which share the same terms as the standard warrants. All securities come with a four-month holding period, expiring on July 11, 2026.

An insider participated in the placement, which is considered a related party transaction. Exemptions from valuation and minority approval requirements under MI 61-101 are applied. Raised funds will be directed towards exploration in Idaho and Nevada, primarily for the Cuddy Mountain Project, and general working needs.