Ximen Mining Corp. announced a non-brokered private placement of 2,500,000 units at a price of CAD 0.18 per unit for gross proceeds of CAD 450,000 on January 11, 2024. Each unit consists of one common share and one transferable common share purchase warrant.

Each whole warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one additional common share of the Issuer at an exercise price of CAD 0.25 per share. A finder's fee may be paid to eligible finders in accordance with the TSX Venture Exchange policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing.

The offering and payment of finders' fees are both subject to approval by the TSX-V. Directors, officers or other insiders of the company may participate in the foregoing offerings, and such parties may sell securities of the company owned or controlled by them personally through the facilities of the TSX Venture Exchange to finance participation in such offerings.