Mr. Dale McClanaghan reports

BCM RESOURCES CORP. CLOSES FINANCING

Further to the March 21, 2023, news release, Dale McClanaghan has completed the non-brokered private placement. The proceeds of the financing total $2,718,367 through the issuance of 10,873,468 units. Each unit has a common share at 25 cents per share, together with a one-year warrant at 33 cents per share.

All the securities issued are subject to a four-month hold period from the date of issue.

Proceeds from the financing will be used for general corporate purposes and to continue the drilling program at Thompson Knolls, a porphyry copper-gold-molybdenum discovery project.

The company has relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of Multilateral Instrument 61-101 in respect of any insider participants. No finders' fees were paid on this placement, and the placement is subject to final approval by the TSX Venture Exchange.

We seek Safe Harbor.