Earthwise Minerals Finalizes Private Placement

Earthwise Minerals Corp., a junior exploration company, announced the completion of its non-brokered private placement financing, raising $96,000. The company issued 4,050,000 non-flow through units and 750,000 flow through units at $0.02 each. Each non-flow through unit includes a common share and a warrant, allowing the purchase of an additional share at $0.05 for 24 months. Flow through units function similarly, with half-warrants provided.

Proceeds will fund exploration at the Iron Range Gold Property in British Columbia and support working capital. CEO Mark Luchinski participated in the offering, acquiring a significant number of units. The transaction qualified as a related party transaction but was exempt from certain regulatory requirements.