Leopard Lake Gold Corp. announced a non-brokered private placement of units on October 27, 2022.

On the same date, the company has issued 372 units at a subscription price of CAD 805 per Unit for gross proceeds of CAD 299,460 in its first tranche. Each unit consists of 4,500 flow-through common shares, 1,000 non-flow-through common shares and 1,000 common share purchase warrants, with each Warrant entitling the holder thereof to purchase one non-flow-through common share in the capital of the company at an exercise price of CAD 0.25 per Warrant Share for a period of 24 months from the closing of the first tranche.