Mr. Chad Peters reports
RIDGELINE MINERALS CLOSES $500K PRIVATE PLACEMENT
Ridgeline Minerals Corp., in connection with its previously announced non-brokered private placement (see news release of March 18, 2025), has closed its private placement effective March 20, 2025, for 2,174,000 common shares at the price of 23 cents per share for gross proceeds of $500,020.
The proceeds from the sale of the private placement will be used to finance exploration activities at the company's Nevada projects and for general working capital. No finders' fees were paid in connection with the private placement.
All shares issued pursuant to the private placement will be subject to a statutory four month and one day hold expiring on July 21, 2025.
About Ridgeline Minerals Corp.
Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200-square-kilometre exploration portfolio across seven projects in Nevada. The company is a hybrid explorer with a mix of 100-per-cent-owned exploration assets (Big Blue, Atlas, Bell Creek and Coyote), as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects, and a third earn-in with South32 at its Selena project.
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