EV Minerals Corporation announced a non-brokered private placement of up to 2,941,176 flow-through units at the price of CAD 0.17 per flow-through unit for gross proceeds of up to CAD 500,000 on July 12, 2023. Each flow-through unit shall be comprised of one common share, issued on a flow-through basis and one half of one common share purchase warrant, issued on a non-flow-through basis. Each flow-through unit Warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.25 per Common Share for a period of two years from date of issuance.

Finder?s fees will be payable in accordance with the policies of the Canadian Securities Exchange. All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange.