Nubian Resources Ltd. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.06 per unit for the gross proceeds of CAD 600,000 on April 11, 2024. Each unit comprising of one common share and one-half common share purchase warrant. Each warrant will be exercisable at CAD 0.08 for a period of 24 months post the closing date.

In connection with the private placement, the company may pay finder?s fees of 7% cash and 7% compensation warrants in accordance with the policies of the TSX Venture Exchange.