Earthwise Minerals Announces Private Placement

Earthwise Minerals Corp., a junior exploration company based in Vancouver, announced a non-brokered private placement financing. The offering aims to raise up to $500,000 through the issuance of 10,000,000 units, both flow-through (FT) and non-flow-through (NFT), at a price of $0.05 per unit.

Each NFT unit includes one common share and a warrant, allowing purchase of an additional share at $0.08 within 24 months. FT units comprise one common share and half a warrant; these shares meet the criteria for flow-through shares under Canadian law, and the proceeds will fund exploration at the Iron Range Gold Property in British Columbia.

The transaction is subject to regulatory approval, and all issued securities will carry a statutory hold period. Proceeds will support exploration activities and general capital needs.