Buscando Resources Corp announced a private placement of up to 4,000,000 subscription receipts at a price of CAD 0.50 per subscription receipt for the aggregate gross proceeds of CAD 2,000,000 on September 18, 2023. Each subscription receipt will entitle the holder to receive one unit consisting of one share and one-half of one warrant where each warrant will entitle the holder thereof to acquire one additional share at a price of CAD 1 per share for a period of 24 months from the date of issuance. The transaction is subject to the approval of the CSE.