Mistango River Resources Inc. announced a non-brokered private placement of 11,666,667 flow-through units at a price of CAD 0.06 per flow-through unit for the aggregate gross proceeds of CAD 700,000 on April 26, 2023. Each unit consists of one common share and one-half of one common share purchase warrant. Each Warrant is exercisable to acquire one common share exercisable at CAD 0.10 per warrant share for a period of 24 months from the closing of the Offering.

The transaction is subject to approval of the CSE.