Omega Pacific Resources Inc. announced a non-brokered private placement consisting of up to 6,000,000 common shares at an issue price of CAD 0.50 per common shares for the gross proceeds of CAD 3,000,000 on March 27, 2024. The company will pay finders fees to eligible finders in connection with the private placement, subject to compliance with applicable securities laws and the Canadian Securities Exchange policies. All securities issued in the private placement will be subject to a statutory four-month-plus-one-day hold period.

Closing of the private placement is subject to receipt of all required regulatory approvals, including approval from the CSE. The private placement is expected to close on or about April 2, 2024. The company may elect to increase the size of the private placement.