Ximen Mining Corp. announced a non-brokered private placement of up to 2,500,000 flow through units at a price of CAD 0.20 per unit for the gross proceeds of up to CAD 500,000 on December 15, 2023. Each Flow-Through unit consists of one common share and one-half common share purchase warrant.

Each whole warrant will entitle the holder to purchase one additional non-flow through common share at the price of CAD 0.25 for 36 months after closing. 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 TSXV.