Automata Rare Earth raises up to $2.5 million via private placement

Automata Rare Earth Corp. Announces Non-Brokered Private Placement of Up to $2.5 Million

(TheNewswire)

VANCOUVER, British Columbia – July 14, 2026 - TheNewswire – Automata Rare Earth Corp. (CSE: AREE) (OTCQB: CMTNF) (FSE: 7K0) ("Automata" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") to raise gross proceeds of up to CAD $2.5 million. The Offering is intended to fund exploration and advancement of the Company's Canadian critical minerals portfolio, including the Oculus Rare Earth Project in Labrador and the Burnt Pond VMS Project in Newfoundland, as well as provide additional working capital for general corporate purposes.

The Offering will consist of: (i) up to 4,545,455 non-flow-through units (the "Units") at a price of $0.33 per Unit for gross proceeds of up to $1.5 million; and (ii) a minimum of 2,222,223 and up to 3,333,333 flow-through units (the "FT Units") at a price of $0.45 per FT Unit for gross proceeds of between $1.0 million and $1.5 million, for aggregate gross proceeds of up to $2.5 million.

Each Unit will consist of one common share of the Company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of $0.475 for a period of 24 months from the date of issuance.

Each FT Unit will consist of one flow-through common share of the Company and one-half of one common share purchase warrant. Each whole warrant will be exercisable to acquire one common share at $0.475 for a period of 24 months following closing.

The Company will have the right to accelerate the expiry of the warrants should the Company's common shares trade above $0.55 on the Canadian Securities Exchange for ten consecutive trading days following the expiry of the statutory hold period, in accordance with the warrant terms.

The gross proceeds from the sale of the FT Units will be used to incur eligible Canadian exploration expenses that qualify as "flow-through critical mineral mining expenditures" under the Income Tax Act (Canada). Proceeds from the sale of the Units will be used to advance the Company's exploration activities, evaluate additional strategic opportunities and for general corporate purposes.