Bear Creek Mining Corporation announced that it will receive a non-brokered private placement of 6,000,000 shares at a price of CAD 1.23 per share for gross proceeds of CAD 7,380,000 on May 5, 2022. The company may pay a finder's fee in the transaction. The transaction will include participation from directors and officers of the company for 1,750,000 shares.

The transaction is subject to approval from TSX Venture Exchange and other regulatory approvals.