Ridgeline Minerals Corp. announces non brokered private placement of 10,000,000 units at issue price of CAD 0.12 per Unit for gross proceeds of CAD 1,200,000 on April 17, 2024. Each Unit consists of one common share of the Company and one-half of one non-transferable share purchase warrant.

Each Warrant entitles the holder to purchase one additional Share of the Company at a price of CAD 0.18 per share for a period of 24 months from the date of issue. The transaction will include participation from directors and officers of the Company. The Company may pay a finder's fee in connection with the private placement.

The transaction is subject to the approval of the TSX Venture Exchange and all necessary regulatory approvals. The securities to be issued in the Private Placement will be subject to a four month plus one day hold period from the closing date.