Ximen Mining Corp. announced a non-brokered private placement of 4,545,456 flow through shares at a price of CAD 0.22 per share for gross proceeds of CAD 1,000,000 on October 22, 2021. Each flow through share consists of one flow through common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional non-flow-through common share at an exercise price of CAD 0.35 per share for a period of 36 months from the closing of the transaction. A finder's fee may be paid to eligible finders in accordance with the TSX Venture Exchange policies. All securities issued will be subject to a hold period of four months and one day from the date of closing. The transaction and payment of finders' fees are both subject to approval by TSX Venture Exchange.