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Capella Minerals Limited (CMILF) is a company primarily engaged in the identification, exploration, and evaluation of mineral properties, with a significant presence in Canada. Its exploration efforts target diverse mineral resources, including gold, copper, and lithium, alongside silver and zinc deposits. Capella boasts 100% ownership of several key projects, such as Sweden's Southern Gold Line; the Hessjøgruva Project in Norway's northern Røros Mining District; the Vaddas-Birtavarre Copper-Cobalt project in northern Norway; and the Kjøli and Løkken Projects, both located in Trøndelag…

VANCOUVER, BC , Aug. 19, 2024 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") is pleased to announce that it has executed a Definitive Acquisition Agreement (the "Agreement") with Teako Minerals Corp. (CSE: TMIN) ("Teako") pursuant to which Teako will acquire a 90% interest in Capella's high-grade Løkken copper-cobalt-zinc ("Cu-Co-Zn") project in Trøndelag, central Norway. In accordance with the Agreement, Capella will receive a combination of cash and common shares in Teako within two weeks of signing, a firm commitment by Teako to carrying out drilling on the Åmot target and bringing additional Cu-Co-Zn targets to drill-ready status, with Capella retaining a non-dilutable 10% carried interest on the Løkken project through to commercial production.

VANCOUVER, BC , July 22, 2024 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") is pleased to provide the following update as we focus on our Scandinavian project portfolio, following the regaining of a 100% interest in its high-grade copper-cobalt-zinc projects in the Løkken and Røros mining districts, central Norway, and including the drill-ready targets at Åmot and Hessjøgruva (see Company News Release dated July 19, 2024). The Company's project portfolio was also streamlined during H1, 2024, with the divestiture of two non-core assets in the Americas (the Savant project in Ontario, Canada, and the Sierra Blanca project in Santa Cruz, Argentina), with discussions on strategic alternatives for the Domain project in Manitoba, Canada, also underway with JV partner Agnico Eagle Mines Ltd (TSX/NYSE: AEM).

VANCOUVER, BC , July 19, 2024 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") announces that the Company and Polar Transition Minerals AS ("Polar"; formerly NickelX AS), following the elapse of the long stop date, have agreed an immediate termination of the asset sale agreement (the "Transaction") as previously announced on October 17, 2023 and subsequently amended on April 9, 2024. Under such Transaction, Polar would have acquired Capella's central Norway copper portfolio by the agreed long stop date of July 7, 2024.

VANCOUVER, BC , May 21, 2024 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") and JV partner Austral Gold Ltd (ASX: AGD) (TSXV: AGLD) ("Austral") are pleased to announce entering in to a Share Purchase Agreement ("SPA") with Unico Silver Ltd (ASX: USL) ("Unico") through which Unico will acquire a 100% interest in Sierra Blanca S.A., the Argentine subsidiary whose sole asset is the Sierra Blanca gold-silver project in Santa Cruz Province.

VANCOUVER, BC , April 9, 2024 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") announces that the Company and Polar Transition Metals AS ("Polar"; formerly "NickelX AS") have mutually agreed on a 90-day extension of the long-stop date in order to close the asset sale agreement previously announced on October 17, 2023 (the "Agreement"). The amended long-stop date to close the Agreement is now July 7, 2024.