Core Assets Corp. Announces Corporate Changes and Private Placement

Core Assets Corp. has announced significant corporate changes, including a share consolidation and a name change to Core Silver Corp. Share consolidation will occur on a ten-to-one basis, reducing issued shares from 127,105,689 to 12,710,569 post-consolidation. The company aims to raise C$1,798,700 through a non-brokered private placement offering. This offering comprises non-flow-through, flow-through, and charity flow-through units, expected to close on June 19, 2025.

Each unit consists of a share and a warrant, enabling the holder to acquire an additional share at $0.30 until 2028. Funds from the offering will support the Blue Property’s exploration projects in British Columbia, targeting qualifying Canadian exploration expenses. The offering and share changes are pending Canadian Securities Exchange approval.