Rackla Metals Inc. announced a non-brokered private placement of hard-dollar units at a price of CAD 0.15 per unit; flow-through units at a price of CAD 0.17 per unit; and charity flow-through units at a price of CAD 0.21 per unit for gross proceeds of CAD 4,000,000 on April 30, 2024. Each unit will consist of one common share and one warrant, and each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.20 for one year following the closing of the offering. Each common share to be issued in the flow-through offering and charity flow-through offering will qualify as a flow-through share.

The closing of the offering is subject to receipt of approval of the TSX Venture Exchange.