BRIEF

on Sokoman Minerals Corp (isin : CA83410M1014)

Sokoman Minerals Corp. Concludes Private Placement Financing

Sokoman Minerals Corp. has successfully completed a non-brokered flow-through and non-flow-through private placement financing, raising $1,706,250. The company issued 36,412,500 flow-through shares at $0.04 each, generating $1,456,500. These shares provide tax benefits under Canadian law. Additionally, 7,135,714 non-flow-through shares were sold at $0.035 each, raising $249,750.

One insider participated, subscribing for $10,000 of the flow-through shares. Finders' fees amounted to CAD$57,200, alongside the issuance of 1,458,000 broker warrants and 1,200,000 common shares. The proceeds will fund Canadian exploration expenses, particularly on the Moosehead gold property.

Finalization awaits Exchange approval, with a four-month hold period applied to issued securities. Sokoman aims to invest CAD$1,000,000 from the proceeds in strategic exploration to bolster its projects in Newfoundland.

R. H.

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