Musk Metals Corp. announce a non-brokered private placement of 5,000,000 units at an issue price of CAD 0.08 per unit for the gross proceeds of CAD 400,000 and 4,166,666 flow-through units at an issue price of CAD 0.12 per flow-through unit for the gross proceeds of CAD 500,000, for the aggregate gross proceeds of CAD 900,000 on August 2, 2023. Each Unit will consist of one common share and one Share purchase warrant with each warrant entitling the holder to purchase one additional Share at a price of CAD 0.12 per warrant share for a period of two years following the closing of the private placement.

Each Flow-Through Unit will consist of one common share and one Share purchase warrant with each warrant entitling the holder to purchase one additional share at a price of CAD 0.15 per warrant share for a period of two years following the closing of the private placement. In connection with the private placement, 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.