ATAC Resources Ltd. announced a non-brokered placement and issued 11,111,111 flow-through shares at an issue price of CAD 0.09 per share for gross proceeds of CAD 1,000,000 on November 15, 2022. All of the securities issued pursuant to this transaction are subject to a hold period in Canada until March 16, 2023. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.

The transaction included participation from 3 placees. Mine Equities Ltd acted as finder in the transaction and was paid finder's fee of CAD 60,000 in the transaction. The company incurred other issuance costs of CAD 8,325.