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Adyton Resources Announces Upsized C$20 Million Financing Comprised of $14 Million Private Placement of Units and Concurrent $6 Million Non-Brokered Private Placement of Units

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BRISBANE, Australia, July 24, 2025 (GLOBE NEWSWIRE) -- Adyton Resources Corp. (TSXV:ADY) (FSE: 701GR) ("Adyton" or the "Company") is pleased to announce that, as a result of strong investor demand, the Company has amended its letter agreement with Clarus Securities Inc. ("Clarus") and PowerOne Capital Markets Limited ("PowerOne" and, together with Clarus the "Lead Agents") to increase the size of its previously announced best-efforts private placement of units of the Company (the "Offering")

Pursuant to the upsized deal terms, the Offering will now consist of up to 35,000,000 units of the Company (the "Units") at a price of $0.40 per Unit (the "Offering Price") for gross proceeds of up to $14,000,000. 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 (as defined below).

Concurrent with the Offering, the Company intends to complete a non-brokered private placement of up to 15,000,000 units of the Company (the "NB Units") at the Offering Price per NB Unit for aggregate gross proceeds of up to $6,000,000 (the "Non-Brokered Offering"). The NB Units will be issued on the same terms as the Units. The purpose of the Non-Brokered Offering is primarily to enable the board of directors and management of the Company, along with residents of Papua New Guinea, to participate in the Offering and for the Company to use the net proceeds derived from the Non-Brokered Offering to upscale its exploraion and development activities.

The Units and NB Units to be issued under the Offering will be sold 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 ...