Exploits Announces Non-Brokered Private Placement of up to $1 Million of Flow-Through Shares
Toronto, Ontario--(Newsfile Corp. - September 9, 2024) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 12,500,000flow-through common shares ("FT Shares") at a price of $0.08 per FT Share for gross proceeds of up to $1 million.
The gross proceeds received by the Company from the Offering will be used to incur eligible "Canadian exploration expenses" ("CEE") that are "flow-through mining expenditures" (as such term is defined in theIncome Tax Act(Canada)) related to the Company's mining projects.
Finder's fees may be payable in accordance with the policies of the Canadian Securities Exchange and all securities issued under the Offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. Completion of the Offering remains subject to any required regulatory approvals.