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Adyton Resources Announces C$10 Million Private Placement of Units

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BRISBANE, Australia, July 22, 2025 (GLOBE NEWSWIRE) -- Adyton Resources Corp. (TSXV:ADY) (FSE: 701GR) ("Adyton" or the "Company") is pleased to announce it has entered into an agreement with Clarus Securities Inc. ("Clarus") and PowerOne Capital Markets Limited ("PowerOne" and, together with Clarus the "Lead Agents") pursuant to which the Lead Agents will act on behalf of the Company, on a "best-efforts" agency basis in connection with a brokered private placement (the "Offering") of up to 25,000,000 units of the Company (each a "Unit"), at a price per Unit of $0.40, for aggregate gross proceeds of up to $10,000,000.

The Company will also grant the Co-Lead Agents an option (the "Over-Allotment Option") to offer an additional 5,000,000 Units (the "Additional Units") at the Offering Price (as defined below), exercisable in whole or in part, at any time up to 48 hours prior to the closing of the Offering. Assuming the full exercise of the Over-Allotment Option, the aggregate gross proceeds of the Offering are expected to be approximately C$12,000,000. Each Unit shall consist of one common share of the Company (each a "Share") and one-half of one common share purchase warrant (each whole warrant a "Warrant"). Each Warrant shall entitle the holder to purchase one Share at a price of $0.60 for a period of 24 months following the Closing Date.The net proceeds raised from the Offering will be used for the continued exploration and advancement of the Company's exploration program on its mineral properties and for general working capital and corporate purposes.

The Units to be issued under the Offering will be offered pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Closing of the Offering is anticipated to occur on or about August 13, 2025 or such other date as may be agreed to by the Company and Clarus (the "Closing Date"). The securities issued pursuant to the ...