An anonymous director reports

EURO SUN CLOSES PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT FINANCING

Euro Sun Mining Inc. has closed its previously announced non-brokered private placement financing of common shares for total gross proceeds of $2,525,000. Pursuant to the closing of the offering, the company issued 10.1 million units of the company at a price of 25 cents per unit for gross proceeds of $2,525,000. Each unit consists of one common share of the company and one-half of a common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of 40 cents per common share until Dec. 2, 2021, for warrants issued under the first tranche of the offering or Dec. 12, 2021, for warrants issued under the second tranche of the offering.

Euro Sun intends to use the proceeds of the offering for the advancement of its Rovina Valley project and for general corporate purposes.

About Euro Sun Mining Inc.

Euro Sun is a Toronto Stock Exchange-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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