TinOne Resources Inc. announced a non-brokered private placement of up to 3,333,333 units at a price of CAD 0.15 per unit for gross proceeds of up to CAD 499,999.95 on March 13, 2024. Each unit is comprised of one common share and one whole common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.20 for a period of 18 months following the closing date of the financing.

The company may pay finder?s fees to eligible finders. The closing of the financing is subject to receipt of all necessary approvals, including that of the board of directors and the TSX Venture Exchange. All securities issued in connection with the financing will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada.