Bitterroot Resources Ltd. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.10 per unit for gross proceeds of up to CAD 1,000,000 on March 9, 2022. Each unit consist of one common share and one half of a common share purchase warrant exercisable at CAD 0.20 for two years. The warrant will be subject to an accelerated expiry provision if the Company's closing share price exceeds CAD 0.35 for 20 consecutive trading days, at the Company's discretion.

The securities issued pursuant to the financing will be subject to four-month hold period under applicable securities laws. The Company will pay fees to qualified finders, consisting of 6% cash and 6% broker warrants.