Fidelity Minerals Announces Upsizing of Proposed Non-Brokered Private Placement Financing
Vancouver, BC – TheNewswire - May 21, 2026 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) (“ Fidelity Minerals ” or the “ Company ”) is pleased to announce an increase in the size of the previously announced non-brokered private placement financing (the " Financing ") of units of the Company (“ Units ”) at a price of $0.20 per Unit. The size of the Financing has been increased from 12,500,000 Units to 14,050,000 Units for aggregate gross proceeds of $2,810,000. Each unit will consist of one common share and one-half warrant, with each full warrant exercisable into one additional common share at $0.30 for a period of 24 months after the closing date. If the closing price of the Company's common shares equals or exceeds $0.60 for 10 consecutive trading days, the Company may accelerate the expiry date of the warrants by press release, after which the warrants will expire 30 days later. The Company intends to use the net proceeds of the Financing to advance its Peruvian exploration and community relations programs, and general working capital.