An anonymous director reports

EURO SUN ANNOUNCES $2.15 MILLION PRIVATE PLACEMENT

Euro Sun Mining Inc. intends to complete a non-brokered private placement financing of up to 43 million units of the company at a price of five cents per unit for gross proceeds to the company of up to approximately $2.15-million. Each unit will consist of one common share of Euro Sun and one share purchase warrant of Euro Sun. Each warrant will be exercisable to acquire one common share of Euro Sun at a price of five cents per share for 24 months from the closing of the offering.

Closing of the offering is expected to occur on or about Dec. 13, 2024, and may close in one or more tranches. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day. Completion of the offering is subject to a number of conditions, including without limitation, receipt of Toronto Stock Exchange approval.

Euro Sun intends to use the proceeds of the offering for general corporate purposes.

The company may pay finders' fees to eligible finders in accordance with the policies of the TSX.

About Euro Sun Mining Inc.

Euro Sun is a TSX-listed mining company focused on the exploration and development of its 100-per-cent-owned Rovina Valley gold and copper project, located in west-central Romania, which hosts the second-largest gold deposit in Europe.

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