Ankh Capital Inc. announced a non-brokered private placement of 3,000,000 flow-through units at a price of CAD 0.10 per flow-through unit for gross proceeds of up to CAD 300,000 on November 15, 2023. Each flow-through unit shall consist of one flow-through common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at an exercise price of CAD 0.15 per warrant flow-through share for a period of 24 months following the closing date.

All securities issued pursuant to the private placement will be subject to trading restrictions of 4 months and a day. The transaction will include participation from insiders of the company.