Norden Crown Metals Corp. announced a non-brokered private placement of up to 45,000,000 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 1,350,000 on February 7, 2024. Each unit will consist of one common share and one non-transferable common share purchase warrant.

Each warrant will be exercisable to purchase one common share of the company at a price of CAD 0.06 on a pre-consolidation basis for a period of 3 years from the date of closing of the Offering. The Offering is expected to close on or about February 22, 2024 and is subject to receipt of applicable regulatory approvals including acceptance by the TSX Venture Exchange. The securities issued will be subject to a standard four month hold period.