EV Minerals Corporation announced a non-brokered private placement of up to 4,545,454 flow-through units at a price of CAD 0.11 per unit for the gross proceeds of CAD 500,000 on October 17, 2023. Each unit is comprised of one flow-through common share and one non flow-through common share purchase warrant. Each flow-through warrant shall entitle the holder thereof to acquire one common share in the capital of the company at a price of CAD 0.15 per common share for a period of 2 years from date of issuance.

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 and the resale rules of applicable securities legislation.