Cortus Proposes Private Placement Financing of Shares
Cortus Metals Inc.
10545 - 45 Avenue NW
250 Southridge, Suite 300
Edmonton, AB CANADA T6H 4M9
CORTUS PROPOSES PRIVATE PLACEMENT FINANCING OF SHARES
Edmonton, AB – January 23, 2023 – Cortus Metals Inc. (the “Company” or “Cortus”) (TSXV: CRTS;
OTCPK: CRTTF) – is pleased to announce its intention to complete a non-brokered private placement
financing (the “ Financing”) of up to 200,000,000 shares (the “Shares”) at a price of $0.0 1 per Share to
raise gross proceeds of up to $2,000,000.
The terms of the Financing are subject to the acceptance of the TSX Venture Exchange (the “TSXV”). The
Company may pay finder’s fees in connection with the Financing to qualifying arm’s length finders, in
accordance with the policies of the TSXV.
The net proceeds raised from the Shares will be used to fund ongoing exploration and development
expenditures at the Company’s projects located in Nevada, USA, and for general working capital.
About Cortus Metals Inc.
Cortus Metals Inc. is an innovative Canadian mineral exploration company with a portfolio of highly
prospective early-stage projects and prospects in Nevada, USA, which are available for acquisition via sale,
option and/or joint venture mechanisms. Cortus uses s ystematic methods and proprietary data to target
epithermal and Carlin-type gold mineralization beneath shallow cover. Our mandate is to collaborate with
third parties to complete drill programs, with Cortus retaining an interest in the outcomes. Our Nevada
projects offer investors exceptional opportunities to benefit from the potential for discoveries of significant
gold-silver deposits in a top -ranked mining jurisdiction. Cortus continuously seeks new opportunities to
add value through the generation, exploration and development of mining projects worldwide.
On behalf of the Board of Directors
“Sean Mager”
Sean Mager, Chief Executive Officer
Email: [email protected]
Telephone: +1.780.701.3215
www.metalsgroup.com
Cortus Metals Inc. is part of the Metals Group of Companies, managed by an
award-winning team of professionals who stand for technical excellence,
painstaking project selection and uncompromising corporate governance,
with a proven ability to identify and capita lize on investment opportunities
and deliver shareholder returns.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES.
The offered securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the
“U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold in the United States or to “U. S.
persons”, as such term is defined in Regulation S under the U.S. Securities Act, absent such registration or an applicable exemption
from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the
offered securities in any jurisdiction.
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This news release may cont ain certain “forward looking statements”. Forward -looking statements involve known and unknown
risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or achievements expressed or implied by the forward -looking
statements. Any forward -looking statement speaks only as of the date of this news release and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a
result of new information, future events or results or otherwise.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE P OLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.