Casa Minerals Inc announced a non-brokered private placement of up to 15,000,000 units at a price of CAD 0.05 per unit for gross
proceeds of up to CAD 750,000 on April 12, 2024. Each unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle the holder to acquire one Common Share for a period of two years from the Closing Date at a price of CAD 0.10. All Common Shares and Warrants comprising the Units, will be subject to a 4-month hold period from the date of issuance, during which any resale or other transfer will be restricted in accordance with applicable securities laws. A Finder's Fee of 7% in cash or Shares is payable to eligible finders on all or a portion of the Offering. The "Finder" will also receive "Finder's warrants" entitling it to purchase up to 7% of the shares issued to the purchaser introduced by the Finder under the Offering exercisable at the issue price of CAD 0.10 for a period of 24 months from the Closing Date. The completion of the private placement remains subject to approval of the TSX Venture Exchange.