C3 Metals Inc. announced a non-brokered private placement of up to 100,000,000 common shares at a price of CAD 0.05 per share for the gross proceeds of up to CAD 5,000,000 on April 4, 2023. All securities issued in connection with the transaction are subject to a statutory hold period of four months and one day from the date of issuance. The transaction is subject to receipt of all necessary corporate and regulatory approvals including the approval of the TSX Venture Exchange.