Cascadia Minerals Ltd. announced a non-brokered private placement of up to 4,550,000 critical minerals charity flow-through units at a price of CAD 0.42 per unit for the gross proceeds of CAD 1,900,000, up to 2,150,000 critical minerals charity flow-through units at a price of CAD 0.475 per unit for the gross proceeds of CAD 1,000,000 and up to 725,000 traditional flow-through common shares at a price of CAD 0.42 for the gross proceeds of CAD 300,000 for the total gross proceeds of CAD 3,236,750 on June 3, 2024. Each CFT Unit and BC CFT Unit will consist of one charity flow-through common share and one-half of one warrant. All Warrants will be issued on a non-flow-through basis, and shall be exercisable into one additional common share for thirty-six months from closing at an exercise price of CAD 0.45 per Warrant.

Finder's fees may be paid in accordance with TSX Venture Exchange policies. All securities issued as part of the Offering will be subject to a hold period in Canada of four months plus one day from the closing of the offering. The offering is scheduled to close on or before June 21, 2024, and is subject to regulatory acceptance.