Euro Sun Mining Inc. announced a non-brokered private placement of up to 100,000,000 common shares at a price of CAD 0.05 per common share for gross proceeds of up to CAD 5,000,000 on July 25, 2023. All securities issued in connection with the transaction will be subject to a statutory hold period of four-months and one day. The closing of the transaction is expected to occur on or about August 18, 2023 and may close in one or more tranches.

The transaction is subject to a number of conditions, including without limitation, receipt of Toronto Stock Exchange approval. The company may pay finder?s fees to eligible finders in accordance with the policies of the Toronto Stock Exchange.