Mr. Adam Horne reports

TOMBILL ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS

Tombill Mines Ltd. intends to complete a private placement of up to $600,000 with closing anticipated within the next 30 days.

The offering will comprise up to 40 million units at a price of 1.5 cents per unit, for aggregate proceeds of up to $600,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at a price of five cents for a period of 60 months after closing. Certain insiders of Tombill may participate in the offering and it is anticipated that the total participation by insiders will exceed 25 per cent of the offering.

The company intends to use the proceeds of the offering for working capital and general corporate purposes. Assuming the total anticipated aggregate gross proceeds are raised, approximately 14 per cent will be used for salaries, including 10 per cent for non-arm's-length salaries. None of the proceeds will be used for payments to persons conducting investor relations activities.

Completion of the offering is subject to the acceptance of the TSX Venture Exchange. The securities issued pursuant to the offering will be subject to a hold period of four months plus one day from the date of closing in accordance with applicable Canadian securities laws and the policies of the TSX-V. No commission or finder's fee will be paid in connection with the offering.

About Tombill Mines Ltd.

Founded in 1935 by Newmont Mining and prospectors Tom Johnson and Bill Johnson, Tombill owns two of the 10 past-producing mines in the Geraldton gold district, four claim groups, of which three are situated in the Geraldton gold district of north-central Ontario (about 225 kilometres northeast of Thunder Bay). Geraldton offers optimal and installed mining infrastructure. Holdings comprise 74 royalty-free mining claims (60 fully owned patented claims, five leases and nine mineral rights only). Of these, the 51-patented-claim Main group is in the centre of the Geraldton gold district and straddles the Trans-Canada Highway; the five-claim Ellis group lies four km south of the town of Geraldton; and the original Tombill mine group of six patented claims sits 10 km west-southwest of Geraldton. The Tombill gold mine produced 68,737 high-grade gold ounces between 1938 and 1942 in the southeast corner of the claim group. The Talmora Longlac mine, located in the northeast of the Main group property, was built in 1941, but saw only minor production before closing in 1942 (1,406 gold oz). The Main group borders on and the Ellis group is surrounded by the property of the nearly constructed Greenstone mine, which will be one of Canada's largest gold mines with production aimed for first half 2024.

We seek Safe Harbor.