Bessor Minerals Inc. announced a non-brokered private placement of up to 5,000,000 common shares at an issue price of CAD 0.05 per share for gross proceeds of up to CAD 250,000 on September 6, 2022. The closing of the transaction is anticipated to occur on or around September 30, 2022. The company will pay finder's fee of up to 6% of the gross proceeds may be paid in cash or common shares on all or any portion of the transaction.

The completion of the transaction is subject to all regulatory approvals, including TSX Venture Exchange and NEX acceptance. All securities issued in connection with the transaction will be subject to a hold period of four months and one day from the date of closing.