Prospect Ridge Resources Corp announced a non-brokered private placement of 10,000,000 flow through units at issue price CAD 0.18 per flow through unit for gross proceeds of up to CAD 1,800,000 on June 13, 2024. Each flow through unit will be comprised of one flow through common share and one half of a purchase warrant, with a whole warrant being exercisable to purchase one non flow through common share at a price of CAD 0.30 for a period of two years subject to accelerated expiry on the occurrence of certain events.