Honey Badger Silver Inc. announced a non-brokered private placement of non flow-through units at a price of CAD 0.05 per non flow-through unit and flow-through shares at a price of CAD 0.065 per flow-through share for aggregate total gross proceeds of up to CAD 1,000,000 on March 20, 2024. Each non flow-through unit will consist of one non-flow-through common share of the company and one half of one non-flow-through common share purchase warrant. Each whole warrant will entitle the holder to acquire one common share of the company for an exercise price of CAD 0.065 per share for a period of 18 months from the date of closing.

Each flow-through share will consist of one flow-through common share of the company at a price of CAD 0.065 per share. The securities issued in connection with the Offering will be subject to a four-month and a day hold period. The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange.

Finder?s fees will be payable in the Offering. Chad Williams intends to subscribe for a significant portion of the Offering. Additional insiders may also participate in the Offering.