Bathurst Metals Corp. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.08 per unit for the gross proceeds of CAD 320,000 on January 31, 2024. Each unit will be comprised of one common share and one non-transferable share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of CAD 0.15 per warrant share for a period of one year.

The shares are subject to the approval of the TSX Venture Exchange. All shares issued will be subject to a four-month and one-day hold period, which will expire on the date that is four months and one day from the date of issue.