American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) (“American Pacific” or the “Company”) announces that, pursuant to the terms of employment with three of its former employees (collectively, the “Employment Agreements”), the Company will issue an aggregate of 1,281,722 shares of common stock in the capital of the Company (each a “Common Share”) at a deemed price of $0.175 per common share to such former employees on or about January 5, 2026, subject to receipt of all applicable regulatory approvals, in full satisfaction of employment-related obligations in the aggregate of $224,301.35 (the “Employee Issue”). The Employee Issuance is expected to close on or about January 5, 2026.
The securities referred to in this press release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “US securities law“), and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent a U.S. registration or an applicable exemption from U.S. registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. “United States” and “US person” are as defined in Regulation S under the US Securities Trade.
About American Pacific Mining Corp.
American Pacific Mining Corp. is an explorer and developer of precious and base metals focused on opportunities in the western United States. The company’s flagship project is the 100% owned and historically produced Madison Copper-Gold Project. For the Madison transaction, American Pacific was selected as a finalist for Deal of the Year in both 2021 and 2022 in the S&P Global Platts Metals Awards, an annual program that recognizes exemplary performance in 16 performance categories. Through a 2025 transaction with Vizsla Copper, American Pacific built a large equity position and secured $15 million in total upside exposure to the advanced exploration stage Palmer Copper-Zinc VMS Project in Alaska. Also in American Pacific’s portfolio are several high-quality precious metals projects in key mining districts in Nevada, where the company plans to transact. The company’s mission is to provide shareholders across its portfolio with upside exposure to discovery and exploration through partnerships, spinouts and direct exploration.
American Pacific is incorporated under the laws of British Columbia and has its registered office at Suite 910 – 510 Burrard Street Vancouver, BC, V6C 3A8.
On behalf of the Board of Directors of American Pacific Mining Corp:
Warwick Smith, CEO and Director
Corporate Office: Suite 910 – 510 Burrard Street
Vancouver, BC, V6C 3A8 Canada
Full disclosure can be found in our NI 43-101 technical report for the Madison Project at www.americanpacificmining.com.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.
FORWARD-LOOKING STATEMENTS
This press release contains certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this press release, other than statements of historical fact, are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements relating to the completion of the acquisition and concurrent financing, and the timely receipt of all necessary approvals.
Any statement or information that expresses or involves discussions of predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “believes”, “plans”, “estimates”, “intends”, “objectives”, “objectives”, “forecasts”, “objectives”, “potential” or variations thereof or states that certain actions, events or results “may”, “could”, “would”, “might” or “will” be assumed, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be considered forward-looking information. The Company’s forward-looking information is based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release and includes, but is not limited to, information relating to the issuance of stock by employees and the receipt of all necessary approvals therefor. Except as required by applicable securities laws, the Company assumes no obligation to update any forward-looking information if circumstances or management’s assumptions, beliefs, expectations or opinions should change, or if other events affecting such statements or information should change. For the reasons set out above, investors should not place undue reliance on forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279068
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