Bathurst Metals Provides Update ON Financing
April 5, 2024 PRESS RELEASE TSX-V: BMV OTC: BMVVF
BATHURST METALS PROVIDES UPDATE ON FINANCING
Vancouver, B.C. April 5, 2024 – Bathurst Metals Corp. (“Bathurst” or the “Company”) is pleased to
provide an update on its previously announced financing. The Company announced a non-brokered
private placement financing on January 31, 2024 to support the Company’s drilling program and to
provide the Company with working capital. Due to difficult market conditions in the mineral exploration
sector, the Company continues to work towards completion of the announced equity financing, the terms
of which have not changed.
The Company will issue up to 4,000,000 units (the “Units”) of securities at a price of $0.08 per Unit for
aggregate gross proceeds of up to $320,000. Each Unit will be comprised of one common share and one
non-transferable share purchase warrant, with each warrant entitling the holder to purchase one
additional common share at a price of $0.15 per Warrant Share for a period of one (1) year.
The financing is subject to the approval of the TSX Venture Exchange. All securities issued will be subject
to a four-month and one-day hold period.
On behalf of the Board of Directors
“Harold Forzley”
CEO
Bathurst Metals Corp.
For more information, contact Harold Forzley, Chief Executive Officer
604-783-4273
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.
About Bathurst Metals Corp.
Bathurst Metals Corp. is an exploration-stage company engaged in the acquisition, exploration, and development
of mineral properties in Nunavut and British Columbia, Canada. The Company holds a 100% interest in the Turner
Lake, TED, McGregor Lake, Speers Lake, Gela Lake and McAvoy Lake Projects in Nunavut and the Peerless Property,
a gold /silver prospect in the historic Bralorne Camp in British Columbia.