Toronto, Ontario — February 12, 2026 — Leads & Copy — Oreterra Metals Corp. (TSXV: OTMC) (OTCID: RMIOD) (FSE: D4R0) (WKN: A421RQ) has announced an increase to its non-brokered private placement financing, due to significant demand. The financing will be increased by up to $2,000,000, bringing the aggregate gross proceeds to up to $8,000,000.
The company will issue a combination of up to $4,000,000 in hard-dollar units (HD Units) at a price of $0.45 per HD Unit and up to $4,000,000 in flow-through units (FT Units) at a price of $0.50 per FT Unit.
Each HD Unit comprises one common share of the Company and one common share purchase warrant (HD Warrant). Each HD Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.60 per share for three years following the closing of the Offering.
Each FT Unit comprises one common flow-through share of the Company (FT Share), and one common share purchase warrant (FT Warrant). Each FT Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.60 per share for three years following the closing of the Offering.
Closing of the Offering is scheduled for on or before February 27, 2026. Insiders may participate for up to 5% of the Offering.
The company may pay eligible finders a fee of 6% of the proceeds from the sale of HD Units or FT Units in cash or securities, or a combination of both, subject to the rules of the TSX Venture Exchange (TSXV).
An amount equal to the gross proceeds from the issuance of the FT Shares will be used to incur eligible resource exploration expenses. These expenses will qualify as (i) “Canadian exploration expenses” and (ii) as “flow-through critical mineral mining expenditures”. Qualifying Expenditures in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares will be incurred (or deemed to be incurred) by the Company on or before December 31, 2027 and will be renounced by the Company to the initial purchasers of the FT Shares with an effective date no later than December 31, 2026. The net proceeds from the issuance of HD Units will be primarily used for exploration activities at the Company’s Trek property, as well as for general working capital purposes.
All securities issued in connection with the Offering will be subject to a hold period of four months and one day from the Closing Date, in accordance with applicable Canadian securities laws.
Oreterra Metals Corp. commenced trading on February 2, 2026, under the new ticker OTMC, following a months-long effort to restructure the former Romios Gold Resources Inc. The Company recently released a National Instrument 43-101 Technical Report for the Trek property which recommends two initial phases of drilling at Trek South, for execution in the approaching 2026 field season. A copy of the Technical Report is available on the Company’s website and on the Company’s SEDAR+ issuer profile.
Additional wholly-owned Company property interests include two former producers in Nevada: the Kinkaid claims in the Walker Lane trend and the Scossa mine property in the Sleeper trend. The Company also holds a 100% interest in the large Lundmark-Akow Lake Au-Cu property adjacent to the northwest of the Musselwhite Mine in northwestern Ontario.
Source: Oreterra Metals Corp.
