Vancouver, British Columbia--(Newsfile Corp. - July 25, 2025) - RUMBLE RESOURCES INC. (CSE: RB) (the "Company" or "Rumble"), is pleased to announce that, further to its news release dated June 11, 2025, the Company has completed its non-brokered private placement of 7,000,000 units (the "Units") at a price of $0.075 per Unit for proceeds of $525,000. Each Unit consists of one common share and one two-year transferable share purchase warrant entitling the holder to acquire an additional common share for $0.10. Of the Units, 4,700,000 were sold under the Listed Issuer Financing Exemption contained in Part 5A of National Instrument 45-106. The common shares comprising the Units offered under the Listed Issuer Financing Exemption are not be subject to a hold period in accordance with applicable Canadian securities laws. However, the warrants comprising the Units, and shares issuable upon the exercise of the warrants, are subject to a 60-day contractual hold period. The remaining 2,300,000 Units sold are restricted from trading until November 26, 2025. The Company will use proceeds from the private placement for funding the acquisition and exploration on the Wilmac Project, submitting an application to have its shares quoted in the United States on OTC Markets, and for general working capital.
The Company further announces that it has issued 1,000,000 units pursuant its option agreement relating to the Wilmac Copper-Gold Project (the "Property") with each unit consisting of one common share and one two-year transferable share purchase warrant entitling the holder to acquire an additional common share of the Company for $0.10. These units are restricted from trading until November 26, 2025.
Rumble has the option to acquire a 70% interest, subject to a 2% net smelter returns royalty in the Wilmac Copper-Gold Project (the "Property"), which is located in south-central British Columbia, approximately 10 kilometres west of the currently producing Copper Mountain Mine.
Disclaimer
Readers are cautioned that the discussion about adjacent or similar properties is not necessarily indicative of the mineralization or potential of the Wilmac property. The Company has no interest in or right to acquire any interest in any such adjacent properties.
About Rumble Resources:
Rumble Resources Inc. (CSE: RB) is engaged in the identification, acquisition, exploration and development of mineral resource projects.
The Company holds the exclusive option to acquire a 100% interest in the Woolford Creek claims, located approximately 15 kilometres north of Squilax, British Columbia on the northeast shore of Little Shuswap Lake and is comprised of seven mining claims in the Kamloops Mining Division, British Columbia covering approximately 3,620.07 hectares.
ON BEHALF OF RUMBLE RESOURCES INC.
Brian Goss
Chief Executive Officer
T: 775-340-2395
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
FORWARD-LOOKING INFORMATION
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Forward-looking statements in this news release include, but are not limited to, statements respecting: completion of the Wilmac property option. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release
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