Earthwise Minerals Secures $703,500 Through Private Placement

Earthwise Minerals Corp. has successfully closed its non-brokered private placement financing, generating gross proceeds of $703,500. This funding was achieved by issuing a total of 2,400,000 non-flow through units (NFT Units) and 11,670,000 flow through units (FT Units) at $0.05 each. NFT Units include one common share and one purchase warrant, while each FT Unit consists of one common share and half a warrant.

The proceeds from FT Units will support exploration at the Iron Range Gold Property in British Columbia. Meanwhile, the NFT Unit funds will be directed towards general working capital. Regulatory approvals are still pending, with securities subject to a hold period of four months plus one day post-closing.

Finders' fees involved the issuance of $15,550 in cash and 311,000 broker warrants. This placement excludes registration under the U.S. Securities Act.