BCM Resources Corporation announced a non-brokered private placement of up to 12,500,0000 units at a price of CAD 0.25 per unit for the gross proceeds of up to CAD 3,125,000 on March 21, 2023. Each unit will consist of one common share of the company and one share purchase warrant. Each whole warrant entitles the holder to purchase one common share of the company at a price of CAD 0.33 for one year from the date of issue.

All the securities issuable will be subject to an applicable hold period from the date of issue. The transaction is subject to approval by the TSX Venture Exchange.