Atco Mining Inc. announced a non-brokered private placement which consists of a combination of non-flow-through units at a price of CAD 0.05 per NFT unit as well as a flow-through units at a price of CAD 0.0575 per FT unit for the aggregate gross proceeds of CAD 1,250,000 on March 6, 2024. Each NFT unit will consist of one common share of the company and one common share purchase warrant. Each FT unit will consist of one common share of the company to be issued as a ?flow-through share?

within the meaning of the Income Tax Act (Canada) and one Warrant. Each warrant will entitle the holder to purchase one common share of the company at a price of CAD 0.15 at any time on or before that date which is twenty-four months after the closing date of the offering. All securities issued in the offering will be subject to a statutory four-month-and-one-day hold period.

Closing of the Offering is subject to receipt of all regulatory approvals, including approval of the Canadian Securities Exchange. The company may pay finders' fees to eligible third parties in consideration for the introduction of subscribers to the offering.