Cascadia Minerals Ltd announced a non-brokered private placement of Non-flow-through unit at a price of CAD 0.18 per non-flow-through unit and Critical minerals flow-through units at a price of CAD 0.20 per flow-through unit for a gross proceeds CAD 1,000,000 on March 19, 2024. Each non-flow-through unit will comprise one common share and one common share purchase warrant. Each non-flow-through unit Warrant shall be exercisable into one additional common share for 24 months from closing at an exercise price of CAD 0.28 per NFT Warrant.

Each flow-through unit Unit will comprise one flow-through common share and one common share purchase warrant also to be issued on a non-flow-through basis. Finder's fees or brokers' commissions may be paid in accordance with TSX Venture Exchange policies. All securities issued as part of the Offering will be subject to a hold period in Canada of four months plus one day from the closing of the Offering.

Completion of the Offering and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the acceptance of the TSX Venture Exchange.