• Phenom Resources outlined an expected non-brokered private placement with SSR Mining for a 9.9% strategic equity stake.
• Terms call for issuing 13,518,353 common shares at CAD 0.4 each, raising CAD 5.41 million.
• Proceeds earmarked for Dobbin Project earn-in obligations, unallocated working capital, and Dobbin-related working capital.
• SSR to face a four-month-and-one-day statutory hold, with a separate one-year voluntary resale restriction capped at 500,000 shares per month.
• SSR to receive top-up rights to maintain at least 4.9% ownership or increase to as much as 19.9%, subject to TSX Venture Exchange approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phenom Resources Corp. published the original content used to generate this news brief on June 01, 2026, and is solely responsible for the information contained therein.