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BATX.CN ·

21-09-28 ST NR-Closing tranche of Financing

Financings

5500 Wharf Avenue, #207, Box 609, Sechelt, British Columbia V0N 3A0

StraightUp Resources Closes Second Tranche of $2.0 Million Financing

Not for Distribution to United States News Wire Services or for Dissemination in the United States

CSE: ST For Immediate Release

Vancouver, BC, September 28, 2021- StraightUp Resources Inc. ("StraightUp" or the “Company”)

(CSE: ST is pleased to announce that it has closed the second tranche of its financing previously

announced on September 3, 2021. The Company has raised $588,000 through the issuance of

2,940,000 units of the Company (the “Units”) at $0.20 per Unit. Each Unit consisted of one common

share of the Company (each, a “Share”) and one-half of one common share purchase warrant (each

whole common share purchase w arrant, a “Warrant”). Each Warrant entitles the holder thereof

to acquire one Share at $0.30 per Share for a period of 24 months from the date of issuance. The

Company paid eligible finders finder’s fee of $41,160 and issued to eligible finders 205,800 finder’s

warrants. Each finder’s warrant entitles the holder thereof to acquire one Share at $0.30 for a two-

year term. The Shares, Warrants and finder’s warrants are subject to a four-month hold period.

About StraightUp Resources

StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property

assets in Canada. Its objective is to locate and develop economic, precious and base metal

properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South,

Belanger and the Ferdinand Gold Property, all located in the Red Lake Mining Division, as well as

the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt

of the Uchi Subprovince, approximately 80km w est of the Pickle Lake Gold Camp. The Company’s

newest acquisition, the West Cat Mine, includes an unpatented lode mining claim on federal land

in the historic Beatty Mountain Nevada Mining District in Nye County, Nevada. The West Cat Mine

is part of a 20.66-acre land package discovered in the early years of the Bullfrog mining boom and

provides an area ready for large scale operations to come.

On Behalf of the Board of Directors

Mark Brezer Chief Executive Officer, President and Director

For further information, please contact:

Mark Brezer

Chief Executive Officer, President and Director

(604) 989-6275

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts

responsibility for the adequacy or accuracy of this release).