StrikePoint Gold Inc. a non-brokered private placement of up to 50,000,000 units at a price of CAD 0.04 per unit for gross proceeds of up to CAD 2,000,000 on February 13, 2024. Each unit shall comprise one common share and one-half common share purchase warrant, with each whole warrant exercisable into one common share at an exercise price of CAD 0.07 for a period of 24 months from closing. The company will pay a finder's fee of up to 7 per cent on the gross proceeds of the private placement from subscribers introduced by certain finders and will issue such number of finders' warrants as is equal to up to 7 per cent of the units sold to subscribers introduced by certain finders.

Each finder's warrant will entitle the holder thereof to purchase one common share of the company at a price of CAD 0.07 for a period of 24 months from the date of issuance. The private placement remains subject to TSX Venture Exchange approval, and all securities offered pursuant to the private placement will be subject to a statutory hold period expiring four months and one day from the date of closing. The company anticipates that insiders will subscribe for units.