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ETF.V ·

Eastfield Resources Announces Private Placement

Financings

Eastfield Resources Announces Private Placement

Vancouver, BC, June 3, 2024 – Eastfield Resources Ltd. (TSX-V: ETF) (“Eastfield” or the “Company “) announces that

it intends to raise up to $150,000 by way of a non-brokered uni t private placements (the “Placement”) at a price of $0.025

per unit, with each unit to consist of one common share and one share purchase warrant, with each warrant to entitle the

holder to purchase an additional common share at a price of $0.05 for a period of 2 years from closing.

The Placement will be non-brokered; however, the Company may pay finder’s fees in accordance with the rules and policies

of the TSX Venture Exchange (“TSX-V”). The Placement is subject to the completion of formal documentation and receipt

of all necessary regulatory approvals, including TSX-V acceptance.

Certain insiders of the Company may participate, with full particulars of such participation to be included in the news release

announcing the closing of the Placement.

The proceeds will be used by the Company to finance an explorat ion program at its 100% owned Zymo Project and for

general working capital.

The securities issued pursuant to this Placement will be subject to a hold period expiring four months and one day from the

date of issuance in accordance with applicable Canadian securities laws.

For more information, please visit the Company’s website at www.eastfieldresources.com.

David M Douglas, CPA, CA.

CFO and Director

Contact: (604) 681-7913 or Toll Free: 888-656-6611

Neither the TSX Venture Exchange nor its Regulation Services Provid er (as that term is defined in the policies of the TSX Ventu re

Exchange) accepts responsibility for the adequacy or accuracy of this news release.