BMEX Gold Inc. announced a non-brokered private placement of up to 6,666,667 flow-through units at a price of CAD 0.15 per FT unit for gross
proceeds of up to CAD 1,000,000.05 and 1,666,667 non-flow-through units at a price of CAD 0.15 per NFT unit for gross proceeds of up to CAD 250,000.05; for total gross proceeds of CAD 1,250,000.1 on May 10, 2024. Each FT Unit and each NFT Unit consists of one common share of the Company and one full common share purchase warrant with each Warrant entitling the holder thereof to acquire one additional Common Share at a price of CAD 0.20 per share for a period of twenty-four months from the closing date of the Offering. In consideration for services provided with respect to the Offering, the company may pay cash finder's fees of up to 6% of the gross proceeds of the Offering. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months from
the date of issuance in accordance with applicable securities legislation. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange.