Adyton Resources Closes Offering of Units for Gross Proceeds of $20 Million

Counsel to the Agents with respect to Adyton Resources Corp closing its private placement for gross proceeds of $20 million

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Team Members

On August 13, 2025, Adyton Resources Corp. (“Adyton”) completed a “best efforts” agency basis private placement of units (the “Units”), co-led by Clarus Securities Inc. and PowerOne Capital Markets Limited (the “Agents”), for gross proceeds of $14 million (the “Brokered Offering”). Concurrently with the closing of the Brokered Offering, Adyton completed a non-brokered private placement of Units for gross proceeds of $6 million for aggregate total proceeds of $20 million.

Each Unit consisted of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one common share of Adyton at a price of $0.60 per common share at any time on or before August 13, 2027.

Adyton is a junior mining company focused on the development of gold and copper resources in Papua New Guinea.

Clarus is an investment banking firm which provides advisory and underwriting, institutional sales and trading, and equity research services to corporate clients and institutional investors. PowerOne is a merchant bank focused on providing early stage capital and advisory services to emerging growth companies.

Miller Thomson acted for the Agents with a team led by Andrew Powers and Florind Polo, and including Connor Broude and Wendy Wang (Corporate/M&A).