DLP Resources Inc. Announces up to $10 Million Private Placement Financing

Cranbrook, British Columbia--(Newsfile Corp. - June 10, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. ("Paradigm" or the " Agent") to act as Agent and sole bookrunner, in connection with a proposed commercially reasonable efforts private placement financing (the "Brokered Offering") for total proceeds of up to $6,000,000, consisting of up to 20,000,000 units of the Company (the "Units") at a price of $0.30 per Unit (the "Issue Price").

Each Unit shall be comprised of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant shall be exercisable from time to time for a period of 3 years from the Closing Date (as defined herein) to purchase one Common Share (a "Warrant Share") at an exercise price of $0.45 per Warrant Share.

In addition, the Company granted the Agents an option (the "Agents' Option") to sell up to 3,000,000 additional Units (the "Additional Units") at the Issue Price for additional proceeds of up to $900,000, exercisable up to 48 hours prior to the Closing Date.

Concurrently with the Brokered Offering, the Company intends to complete a non-brokered private placement of up to 13,333,334 Units at the Issue Price for gross proceeds of up to $4,000,000 (the "Concurrent Private Placement" and together with the Brokered Offering, the "Offering").

The net proceeds from the Offering will be used for exploration and the completion of a 43-101 compliant Preliminary Economic Assessment report for the Company's Aurora Property, general working capital and corporate purposes, each as detailed in the Disclosure Document (as defined herein).

The Company has agreed to pay the Agent a cash commission equal to 6% of the gross proceeds raised under the Brokered Offering, which shall be reduced to 1% for subscribers on a president's list designated by the Company. The Company will also issue the Agent broker warrants entitling the Agent, for a period of 2 years from the closing of the Brokered Offering, to purchase that number of Common Shares at the Issue Price as is equal to 6% of the number of Units issued in the Brokered Offering, other than in respect of any Units issued to subscribers on the president's list (the "Broker Shares").