StrategX Elements Corp. announced a non-brokered private placement of up to 3,333,333 units at a price of CAD 0.30 per unit for gross proceeds of up to CAD 1,000,000 on June 1, 2022. Each unit will consist of one common share and one-half of share purchase warrant.

Each warrant will entitle the holder to purchase one common share at a price of CAD 0.45 per share for a period of 3 years. A finder's fee in cash and/or nontransferable warrants may be paid to eligible finders in relation to this transaction.