Big Tree Announces $300,000 Non-Brokered Private Placement
Suite 3600, 22 Adelaide Street West, Toronto, Ontario Canada M5H 4E3 · Tel: (807) 737-5353 · Fax (416) 865-6636
Big Tree Announces $300,000 Non-Brokered Private Placement
NEWS RELEASE FOR IMMEDIATE RELEASE
APRIL 2, 2024 TSXV Symbol: BIGT
Toronto, Ontario, April 2, 2024 – Big Tree Carbon Inc. (the “Company” or “Big Tree ”)
(TSXV:BIGT) is pleased to announce that it is proceeding with a non-brokered private placement
(the “Offering”) of up to 6,000,000 working capital units (the “WC Units”) of the Company at a
price of $0.05 per WC Unit for up to $300,000 to provide the Company with working capital.
Each WC Unit consists of one (1) common share of the Company priced at $0.05 per common
share and one (1) common share purchase warrant (each a “WC Warrant”). Each WC Warrant
entitles the holder to acquire one (1) common share until one (1) years from the closing of the
Offering at a price of $0.075.
Eligible finders will be entitled to receive a commission of 7% cash and broker warrants (“Broker
Warrants”) equal to 8% of the number of WC Units sold under the Offering. Each Broker Warrant
entitles the holder to acquire a common share at $0.05 for one (1) year from closing.
All securities to be issued pursuant to the above-referenced private placement will be subject to a
statutory four month and one day hold period.
ABOUT BIG TREE CARBON INC.
Big Tree Carbon Inc. is an indigenous-led publicly-traded natural asset resource company focused
on developing Biodiversity Stewardship projects, based in Ontario, Canada.
FOR FURTHER INFORMATION PLEASE CONTACT:
Big Tree Carbon Inc.
Christopher Angeconeb Ian Brodie-Brown
President and C.E.O. Director of Business Development
(807) 737-5353 (416) 844-9969
[email protected] [email protected]
Forward Looking Statement:
Some of the statements contained herein may be forward-looking statements which involve known
and unknown risks and uncertainties. Without limitation, statements regarding potential
mineralization and resources, exploration results, and future plans and objectives of the Company
are forward looking statements that involve various risks. The following are important factors that
could cause the Company’s actual results to differ materially from those expressed or implied by
such forward looking statements: changes in the world-wide price of mineral commodities, general
market conditions, risks inherent in mineral exploration, risks associated with development,
construction and mining operations, the uncertainty of future profitability and the uncertainty of
P a g e 2
Suite 3600, 22 Adelaide Street West, Toronto, Ontario Canada M5H 4E3 · Tel: (807) 737-5353 · Fax (416) 865-6636
access to additional capital. There can be no assurance that forward-looking statements will prove
to be accurate as actual results and future events may differ materially from those anticipated in
such statements. Big Tree undertakes no obligation to update such forward-looking statements if
circumstances or management’s estimates or opinions should change. The reader is cautioned not
to place undue reliance on such forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.