Delrey Metals Announces Flow-Through and Non-Flow Through Private Placement

Delrey Metals Corp. (CSE:DLRY, FSE: 1OZ, OTC:DLRYF) (“Delrey” or the “Company“) is pleased to announce a non-brokered private placement consisting of the issuance of: (i) up to 11,000,000 flow-through units (each, an “FT Unit”) at a price of $0.1001 per FT Unit for gross proceeds of up to $1,100,000 (the “FT Offering”), and (ii) up to 5,000,000 non-flow-through units (each, an “NFT Unit” and, together with the FT Units, the “Units”) at a price of $0.08 per NFT Unit for gross proceeds of up to $400,000 (the “NFT Offering” and, together with the FT Offering, the “Offering”).

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