Bitterroot Resources Ltd announced a non brokered private placement of 10,000,000 units at a price CAD 0.025 per share for gross proceeds CAD 250,000 on May 1, 2024. Each unit consists of one common share and one common share purchase warrant exercisable at CAD 0.05 for three years. The warrant expiry will be accelerated if the Company?s shares trade over CAD 0.10 for greater than 20 trading days.

The transaction is subject to TSX-V approval. The securities issued pursuant to the financing will be subject to four month hold period under applicable securities laws. The Company will pay fees to qualified finders, consisting of 7 percent cash and 7 percent broker warrants.

The private placement will be in part a related party transaction.