Amapa Minerals exercises partial over-allotment option

AMAPÁ MINERALS ANNOUNCES PARTIAL EXERCISE OF OVER-ALLOTMENT OPTION

Canada NewsWire

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TORONTO , Aug. 24, 2026 /CNW/ -- Amapá Minerals Holdings Inc. (" Amapá Minerals " or the " Company ") (TSX: AMAP) announced today that, further to its successfully completed initial public offering of 127,272,728 common shares of the Company (" Common Shares ") at a price of $1.10 per Common Share (the " Offering "), the underwriters have exercised their over-allotment option (the " Over-Allotment Option ") in part and have purchased an additional 10,963,881 Common Shares at a price of $1.10 per Common Share, for additional gross proceeds to Amapá Minerals of $12,060,269. Including the additional proceeds from the Over-Allotment Option, aggregate gross proceeds from the Offering were approximately $152,060,269.

The Common Shares are listed on the Toronto Stock Exchange under the symbol "AMAP".

The Offering was managed by a syndicate of underwriters, including Canaccord Genuity and BMO Capital Markets, as joint lead bookrunners, Banco BTG Pactual S.A. – Cayman Branch as joint bookrunner and Banco Bradesco BBI S.A. as co-manager. Additional information regarding the Offering can be found in the Company's supplemented PREP prospectus dated July 23, 2026 (the " Prospectus "), filed with the securities regulators in each of the provinces and territories of Canada, a copy of which is available under the Company's profile on SEDAR+ at www.sedarplus.ca .

The Common Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act "), or any other U.S. federal or state securities laws, and may not be offered, sold, pledged or otherwise transferred in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with requirements of an applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy Common Shares in the United States, nor shall there be any sale of these Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction or an exemption therefrom.

About Amapá Minerals

Amapá Minerals is a Canadian gold mining company whose principal asset is the Amapá Project, located in the State of Amapá in northern Brazil, within the Guiana Shield and along the Vila Nova Greenstone Belt. The Amapá Project is a gold mining operation with historical production of approximately 1.59 million ounces of gold between 2005 and 2022 and benefits from robust existing infrastructure, including a recently refurbished 10,000-tonne-per-day carbon-in-leach processing plant. The Project is currently in ramp-up and positioned for sustainable growth.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events. Forward-looking information is based on a number of assumptions, and is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under "Risk Factors" in the Prospectus filed on SEDAR+. Actual results could differ materially from those projected herein. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this news release is provided as of the date of this news release and the Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.

SOURCE Amapá Minerals Holdings Inc.

View original content: http://www.newswire.ca/en/releases/archive/August2026/24/c6766.html

Canada Newswire

August 24, 2026 - 7:46 AM PDT

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