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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- Carlton Precious Inc. (TSX-V: CPI | OTCQB: NBRFF) (“Carlton” or the “Company”) announces that it will undertake a non-brokered private placement to raise up to $1,035,000 through the issuance of up to 11,500,000 units (the “Private Placement”), each Unit being priced at $0.09 and comprising one common share and one-half common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable at $0.12 for a period of 24 months post the closing date.