Company Closes First Tranche of Non-Brokered Offering

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FINANCING,OFFERING,NFT

The company announced the successful closing of the first tranche of its non-brokered offering of flow-through units and non-flow-through units (NFTs). The offering raised gross proceeds of $56,025 from the NFT units and a total of $398,025 for the initial closing. The second tranche is expected to close in mid-January 2025. Funds from the flow-through portion will be used for eligible Canadian exploration expenses related to the Albert Lake and Gochager Lake projects in Saskatchewan. Proceeds from the NFT units will support exploration, development, and working capital.

Tuesday, December 24, 2024 4:45 AM PST") is pleased to announce that it has closed the first tranche of its non-brokered offering of flow-through units and non flow-though units at a price per NFT Unit of $0.035 for gross proceeds of $56,025. Combined gross proceeds for this initial closing of the Offering was $398,025. The second tranche of the Offering is expected to close in mid-January 2025.").

The Company now has a portfolio of three high-quality exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: 1) the Albert Lake Project, a 90,000+ hectare project that was host to the historic and past producing Rottenstone Mine 1965-1969), and 2) the 23,000+ hectare Gochager Lake Project that is host to a historic, NI43-101 non-compliant open pit resource consisting of 4.3M tons at 0.295% Ni and 0.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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