Bitterroot Resources Ltd. announced a non-brokered private placement of up to 5,000,000 units priced at CAD 0.05 per unit for gross proceeds of CAD 250,000 on September 28, 2022. Each unit consists of one common share and one half of a common share purchase warrant exercisable at CAD 0.10 for two years. The securities issued pursuant to the financing will be subject to four-month hold period under applicable securities laws.

The company will pay fees to qualified finders, consisting of 7 percent cash and 7 percent broker warrants.