BMEX Gold Inc. announced a private placement of flow-through shares for gross proceeds of up to CAD 700,000 on December 21, 2022. The transaction will consist of up to 9,333,334 flow-through shares at a price of CAD 0.075 per share for proceeds of up to CAD 700,000. All securities issued are subject to a hold period expiring four months from the date of issuance.

As consideration for the services provided in connection with the offering, the Company will pay a finder's fee of 6% of the gross proceeds of the offering. The transaction is subject to the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange, and standard closing conditions.