Adyton Resources Corporation announced a non-brokered private placement of up to 20,000,000 common shares at a price of CAD 0.02 per share for gross proceeds of up to CAD 400,000 on December 1, 2022. The transaction may include participation from Mayur Resources Limited, and certain directors and officers. The transaction is expected to close by the end of December 2022.

All the shares issued pursuant to the Offering will be subject to a four-month restricted resale period under Canadian securities laws. The transaction is subject to certain conditions including, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.