Mogotes Announces Closing of Private Placement

Toronto, Ontario--(Newsfile Corp. - February 2, 2026) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes", or the "Company") is pleased to announce that, further to its press releases of January 5, 2026 and January 6, 2026, it has successfully completed: (i) a non-brokered private placement of 86,792,425 Units at a price of $0.265 per Unit; and (ii) a non-brokered private placement of 12,500,000 units (each, a "Unit") at a price of $0.32 per Unit for aggregate gross proceeds..
Toronto, Ontario--(Newsfile Corp. - February 2, 2026) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes", or the "Company") is pleased to announce that, further to its press releases of January 5, 2026 and January 6, 2026, it has successfully completed: (i) a non-brokered private placement of 86,792,425 Units at a price of $0.265 per Unit; and (ii) a non-brokered private placement of 12,500,000 units (each, a "Unit") at a price of $0.32 per Unit for aggregate gross proceeds..