Black Mammoth Metals Corporation announced a private placement to issue 1,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 100,000 on August 8, 2023. Each Unit consists of one common share and one common share purchase warrant, with each Warrant exercisable into one common share of the Company for a period of 4 years from the issue date at an exercise price of CAD 0.15. The Units will be subject to a four month hold period from the date of closing.

A finder?s fee may be payable in accordance with the policies of the TSX Venture Exchange. The Offering is subject to the approval of the TSX-V.