FE Battery Metals Corp. announced a non-brokered private placement of up to 4,347,826 flow-through shares at a price of CAD 0.23 per share for total gross proceeds of up to CAD 999,999.98 on April 16, 2024. In connection with the non-brokered private placement, a finder's fee of 6% cash will be paid to eligible finders in accordance with the policies of the Canadian Securities Exchange.

Closing of the proposed private placement is subject to obtaining all required approvals, including from the CSE and any other regulatory approval. All securities issued pursuant to the private placement will be subject to a four-month hold period plus one day under applicable securities laws.