Alma Gold Inc. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.10 per unit to raise gross proceeds of up to CAD 1,000,000 on October 12, 2022. Each unit shall be comprised of one common share and one transferable share purchase warrant. Each warrant entitles the holder thereof to purchase one additional share of the company at a price of CAD 0.15 for a period of 24 months from the date of issuance.

All securities issued will be subject to a four-month and one day hold period under applicable securities laws in Canada. The company may pay a cash finderÆs fees of 7% on certain subscriptions in the transaction.