Ridgeline Minerals Corp. announced a non-brokered private placement of 10,000,000 units at a price of CAD 0.20 per unit for gross proceeds of CAD 2,000,000 on April 5, 2023. Each unit consists of one common share and one half of common share purchase warrant.

Each whole warrant entitles the holder to purchase one additional common share of the Company at a price of CAD 0.30 per share for a period of 24 months from the date of issue. The transaction is subject to approval from TSX Venture Exchange. The securities are being subject to four months hold period.

The Company may pay a finder's fee in connection with the private placement.