Canada One Mining Corp. announced a non-brokered private placement of up to 50,000,000 units at a price of CAD 0.015 per unit for the gross proceeds of CAD 750,000 on April 15, 2024. Each unit will consist of one common share in the capital of the company and one whole common share purchase warrant.

Each warrant will be exercisable into one common share at a price of CAD 0.05 per warrant share for a period of three years after the closing date of the Private Placement. If, at any time following the date that is four months and one day following the closing date, the common shares have a closing price on the TSXV Venture Exchange of CAD 0.08 or greater per common share for a period of five consecutive trading days, the company shall have the right to accelerate the expiry date of the warrants that is at least 60 days following the date of such notice to holders of warrants. The company may pay finder?s fees as permitted by the policies of the TSXV and applicable securities laws.

The Private Placement is expected to close on or about May 26, 2024, subject to customary closing conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the TSXV.