Company Amends Flow-Through Private Placement Terms

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FINANCE,INVESTMENT,EXPLORATION

The company announced an amendment to its non-brokered flow-through private placement, increasing the number of units to be issued and reducing the price per unit. The amended terms will allow the company to raise up to $350,000 for exploration advancements in its British Columbia properties.

Wednesday, December 18, 2024 4:50 PM PST") is pleased to announce that further to its news release dated December 2, 2024, it has amended the terms of its previously announced non-brokered flow-through private placement Flow-Through-Units at a price of $0.065 per Flow-Through-Unit for gross aggregate proceeds of up to $350,000 .

Finders' fees of up to 8% cash and 8% Broker Warrants may be payable in connection with the Offering in accordance with the policies of the Canadian Securities Exchange . An aggregate of $16,551.60 in cash commission and 254,640 Broker Warrants have been paid to eligible finders in connection with the closing of the First Tranche of the Offering, with each Broker Warrant being exercisable at a price of $0.065 for a period of twenty-four months after the date of issuance.

None of the securities sold in connection with the Offering will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the Company will be able to complete the Offering on the terms proposed, that the Company will use the proceeds from the Offering as currently anticipated, and that the Company will have all the necessary resources, including personnel and capital to carry out its business plans.

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