Mr. Farhad Abasov reports

MILLENNIAL ANNOUNCES CLOSING OF PRIVATE PLACEMENT FOR PROCEEDS OF $2,000,000

Millennial Potash Corp. has closed its private placement first announced on July 21, 2023.

The private placement was for a total of five million units. Each unit consisted of one common share and one-half share purchase warrant. Each of the 2.5 million whole share purchase warrants are exercisable for a period of two years from the date of issuance at a price of 60 cents per share. Commissions on the private placement totalling $97,195 and 242,988 finders' warrants were paid in connection with closing the private placement. The finders' warrants are exercisable for two years from the date of issuance at a price of 60 cents per share.

The securities comprising the units, including any common shares issued on exercise of the share purchase warrants and finders warrants, are subject to a four-month hold period expiring on Dec. 5, 2023.

Proceeds of the private placement are to be used to finance exploration and development activities on the company's Banio potash project and for general working capital purposes.

We seek Safe Harbor.