Sasquatch Resources Corp. announced a non-brokered private placement of up to 2,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 100,000; and up to 1,071,429 flow-through units at a price of CAD 0.07 per flow-through unit for gross proceeds of up to CAD 175,000 on May 9, 2023. Each unit will consist of one common share and one share purchase warrant each, a warrant, entitling the holder to purchase one common share at a price of CAD 0.10 per common share for a period of twenty-four (24) months from the date of issuance.

Each flow-through unit will consist of one flow-through common share of the company and one warrant. The company may pay finder's fees in connection with the offering. Securities issued under the offering will be subject to a four month hold period in accordance with applicable Canadian securities laws.

Insiders of the company are expected to participate in the offering.