Hannan Metals Upsizes Non‑Brokered “LIFE” Offering to C$10.5 M

Vancouver, BC – On 18 November 2025, Hannan Metals Limited (TSXV: HAN; OTC Pink: HANNF) announced it is increasing the size of its previously‑announced non‑brokered private placement under the Listed Issuer Financing Exemption. As a result of strong investor interest, the Company now intends to issue up to 14,000,000 common shares at a price of C$0.75 per share, for gross proceeds of C$10,500,000. The minimum raise remains C$4,000,000, and the closing is expected to occur in tranches by 28 November 2025, subject to regulatory approvals including conditional approval from the TSX Venture Exchange (TSXV). The Company may pay finder’s fees in cash to arm’s‑length brokers, subject to TSXV approval. Hannan Metals intends to use the net proceeds for exploration expenditures in Peru — in particular to advance drilling at the Company’s Belen prospect — as well as for general corporate, administrative and working‑capital purposes. The Offering is being conducted under Part 5A of National Instrument 45‑106 — Prospectus Exemptions — via the Listed Issuer Financing Exemption and in reliance on Coordinated Blanket Order 45‑935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption). The securities issued will not be subject to a hold period under applicable Canadian securities laws. About Hannan Metals: The Company is an exploration firm focused on identifying and delineating large gold and copper mineralizing systems in new frontiers in Peru. Over the last decade, its team has built a strong track record of discovery, financing and advancing projects in Australia, Europe and South America. #HannanMetals #MiningExploration #JuniorMiner #CapitalRaise #SlimScan #GrowthStocks #CANSLIM