Big Red Mining Corp. announced a non-brokered private placement of up to 7,500,000 units at issue price CAD 0.02 per unit for gross proceeds CAD 150,000 on June 17, 2024. Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant.

Each warrant will entitle the holder thereof to purchase one common share at an exercise price of CAD 0.05 for a period of 12 months from the issuance.