Antler Gold Inc. announced a private placement of up to 10,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 500,000 on November 14, 2023. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable to purchase one common share at a price of CAD 0.10 per share for a period of 36 months from the closing date of the financing.

The company has agreed to pay to the Agent a cash commission equal to 7.5% of proceeds raised from investors introduced by the Agent, except on subscriptions received from directors, officers, and employees of company and to issue compensation warrants entitling the Agent to purchase that number of Common Shares as is equal to 7.5% of the units sold to investors introduced by the Agent, except on subscriptions received from directors, officers, and employees of company. Completion of the financing is subject to the satisfaction of certain conditions, including the approval of the TSX Venture Exchange, and all securities issued pursuant to the financing will be subject to a fourmonth and one day hold period.