Equity Metals Corporation announced a non-brokered Flow-through private placement consisting of 10,500,000 Charity/Premium flow-through units at a price of CAD 0.295 for gross proceeds of CAD 3,097,500 on May 15, 2024. Each FT Unit will be comprised of one flow-through common share and one-half of one non-flow-through warrant. Each whole warrant entitles the holder thereof to purchase one non flow-through common share for a period of 3 years at a price of CAD 0.295.

The company may pay finders' fees comprised of cash and non-transferable warrants in connection with the Offering, subject to compliance with the policies of the TSX Venture Exchange. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the Offering and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.