Toronto, Ontario–(Newsfile Corp. – October 3, 2025) – Hispania Resources Inc. (TSXV: ESPN) (“ Hispania ” or the “ Company “), is pleased to announce that it has closed its previously announced non-brokered private placement (the “ Offering “). In connection with the Offering, the Company issued 20,000,000 units of the Company (the “ Units “) at a price per Unit of $0.025 for aggregate proceeds of $500,000.
The Units consist of (i) one common share of the Company (each, a “ Common Share “); and (ii) one Common Share purchase warrant (each, a “ Warrant “). Each Warrant shall entitle the holder to acquire one additional Common Share at an exercise price of C$0.05 for a period of 36 months following the Offering.
The proceeds from the Offering will be used for exploratory work at