Musk Metals Corp. announced a non-brokered private placement of up to 12,500,000 units at a price of up to CAD 0.04 per unit for the aggregate gross proceeds of CAD 500,000 on March 22, 2023. Each unit will consist of one common share and one common share purchase warrant of the company.

Each whole warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.07 per share at any time within 2 years after closing. In connection with the transaction, the company may pay finder's fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange.