Automata Rare Earth Corp.

thenewswire.com · 14 Jul 2026

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

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.