Inomin Mines Inc. announces non-brokered private placement of up to 10,000,000 units at a issue price of CAD 0.05 per Unit for gross proceeds of up to CAD 500,000 on April 11, 2024. Each unit consists of one common share of the Company and one-half of one Share purchase warrant. Each whole Warrant will be exercisable to purchase a Share at a price of CAD 0.10 per share for a period of 24 months from the date of issuance thereof.

The Company may pay finders? fees comprised of cash and non-transferable Share purchase warrants in connection with the Financing. The securities issued and sold under the Financing will be subject to a hold period expiring four months and one day from the date of issuance.

The transaction is subject to the receipt of all necessary regulatory approvals, including the approval of the TSXV.