ACME Lithium Inc. announced a non-brokered private placement of up to 14,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 700,000 on February 23, 2024. Each unit will be comprised of one common share and one transferable common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of CAD 0.10 or three years from closing of the offering. Finder's fees, including cash and warrants, may be paid on some or all of the offering.

All securities that are issued pursuant to the offering will be subject to, among other things, a hold period of four months and one day in accordance with applicable Canadian securities laws.