EV Minerals Corporation announced a non brokered private placement to issue 25,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 2,500,000 on November 15, 2023. Each unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.12 per common share for a period of 12 months from date of issuance.

All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange.