Slam Exploration Ltd. announces non-brokered private placement of 6,000,000 flow-through units at a issue price of CAD 0.025 per flow-through unit for gross proceeds of CAD 150,000 on April 4, 2024. Each flow-through Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one non-flow-through common share at a price of CAD 0.05 for a period of 24 months from the date of closing.

The Company may pay finder?s fees on the Private Placement and it is anticipated that certain insiders will participate in the Private Placement. The Flow-Through Units will be subject to a statutory hold period of four months and one day from issuance. The Private Placement remains subject to customary closing conditions, including approval from the TSX Venture Exchange.