Millennial Potash Corp. announced a non-brokered private placement of up to 5,000,000 units at a price of CAD 0.40 per unit for gross proceeds of CAD 2,000,000 on July 21, 2023. Each unit comprises one common share and one-half of one share purchase warrant exercisable at a price of CAD 0.60 per share for a period of two years from the date of issuance.

A commission of 7% cash and 7% finders warrants will be payable on a portion of the private placement. The private placement is subject to the approval of the TSX Venture Exchange.