Ubique Minerals Limited announced a non-brokered private placement of 2,500,000 hard-dollar units at a price of CAD 0.08 per hard-dollar unit for gross proceeds of CAD 200,000; and 5,000,000 flow-through units at a price of CAD 0.08 per flow-through unit for gross proceeds of CAD 400,000; for aggregate gross proceeds of CAD 600,000 on December 6, 2023. Each hard-dollar unit comprises one common share and one common share purchase warrant, with the warrant providing the right to buy one common share at a price of CAD 0.12 for a period of 24 months from the date of the first closing of this financing. Each flow-through unit comprises one common share with one common share purchase warrant with the warrant providing the right to buy one common share at a price of CAD 0.15 for a period of 24 months from the date of the first closing of this financing.

All the warrants will be subject to an accelerated expiry if the closing share price exceeds CAD 0.18 for a period of ten consecutive trading days. The financing may be closed in one or more tranches. The company may pay finders?

fees in connection with all or part of the offering.