Filo Mining

As a financial copywriter with expertise in Swedish-listed companies, I've crafted a concise summary highlighting the key developments from the recent press releases of Filo Mining (now Filo Corp.). Here's the overview:

**Filo Corp. Strategic Update – June 2023**

**Corporate Transition:**
Filo Mining Corp. has officially rebranded as Filo Corp., following overwhelming shareholder support. This strategic rebranding aligns with the company's mission to drive copper and gold discovery essential for global electrification. Trading under the new name commenced on June 28, 2023, with the ticker symbol remaining unchanged.

**Operational Achievements:**
Filo Corp. has secured CAD 130 million through an upsized private placement, highlighting strong investor confidence and demand. This capital injection will support the continuous exploration and advancement of the flagship Filo del Sol project, enhancing the company's capacity to define the project's vast mineral potential.

**Exploration Success:**
The recent drilling campaign continues to yield impressive results, with significant copper-equivalent grades identified, notably in the Aurora Zone. Drillhole FSDH075 in the Bonita Zone confirmed substantial mineralization; further exploration aims to delineate the continuity between the Aurora and Bonita Zones.

**Financial and Strategic Highlights:**
- Successful closing of a CAD 130 million private placement, leveraging support from major stakeholders including the Lundin Family and BHP.
- Continued strong financial position with cash reserves poised to fund ongoing exploration initiatives.
- Filo Corp.'s inclusion in the SILJ ETF underscores the project's significant mineral resources and enhances market visibility.

**Future Outlook:**
With nine active drill rigs, Filo Corp. commits to year-round operations, focusing on resource expansion and strategic drilling initiatives across high-potential zones. The comprehensive geological model to be developed from current data will form the foundation for updating the Mineral Resource estimate, supporting future project development and value creation for stakeholders.

For detailed operational and financial updates, stakeholders are encouraged to review the latest press releases and technical reports accessible via Filo Corp.'s website and SEDAR profile.

This summary covers key corporate and operational developments, strategically positioning Filo Corp. for investors and stakeholders interested in its growth trajectory and exploration potential.