Canter Resources Corp. announced a non-brokered private placement to issue 10,000,000 common shares at an issue price of CAD 0.10 per share for the gross proceeds of CAD 1,000,000 on September 8, 2023. The closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the company's satisfaction of its filing requirements with the Canadians Securities Exchange.

All common shares issued under the offering will be subject to a hold period of four months and one day from closing. The company may pay finder's fees to eligible finders in connection with the offering. The transaction may include participation from an insider.