Pacific Empire Announces Closing of First Tranche of Financing, Mobilization of Crews to Trident, and Grant of Options

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Pacific Empire Minerals Corp. (TSXV: PEMC) ("Pacific Empire", "PEMC" or the "Company"), a copper-gold explorer based in British Columbia, is pleased to announce that it has closed the first tranche of its non-brokered private placement, mobilized field crews to its Trident copper-gold-project, and granted stock options to officers, directors and consultants.

Closing of First Tranche of Private Placement

Further to its news releases dated September 17, 2025, the Company has closed the first tranche of its non-brokered private placement (the "Offering") for gross proceeds of C$1,386,289.95. In connection with the closing of the first tranche, the Company has issued 21,122,570 Hard Dollar Units and 16,175,000 Flow-Through Units.

The Offering consisted of Hard Dollar Units at a price of C$0.035 per unit, and Flow-Through Units at a price of C$0.04 per unit. Each Hard Dollar Unit consists of one common share and one common share purchase warrant exercisable at C$0.05 for two years. Each Flow-Through Unit consists of one flow-through common share and one common share purchase warrant exercisable at C$0.06 for two years.

Proceeds from the Offering will be used to fund Pacific Empire's 2025 diamond drill program at its flagship Trident copper-gold-silver porphyry project, as well as for general working capital.

In connection with the Offering, the Company paid aggregate finders' fees totaling C$48,862.80 in cash and issued an aggregate of 1,329,830 finder warrants to certain eligible finders, including Haywood Securities Inc., Canaccord Genuity Corp., Research Capital Corporation, and Raymond James Ltd. Each finder warrant entitles the holder to acquire one common share of the Company at a price of C$0.05 per share for a period of two years from the closing date.

All securities issued under the Offering are subject to a statutory hold period of four months and one day in accordance with applicable securities laws.

A senior officer and a director of the Corporation have subscribed for an aggregate of 1,800,000 Hard Dollar Units and a director of the Corporation has subscribed for an aggregate of 4,000,000 Flow-Through Units as part of the Offering, which participation constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") and Policy 5.9 of the TSXV. The Corporation is relying on the exemption for a formal valuation under section 5.5(b) of MI 61-101 (trading on the TSXV), and on the exemption for minority shareholder approval under section 5.7(1)(b) of MI 61-101 (fair market value of less than C$2,500,000). The Offering remains subject to final approval of the TSX Venture Exchange.