Big Tree Carbon Inc. announced a non-brokered private placement of up to 6,000,000 working capital units at a price of CAD 0.05 per working capital unit for gross proceeds of up to CAD 300,000 on April 2, 2024. Each working capital unit consists of one common share and one common share purchase warrant. Each working capital warrant entitles the holder to acquire one common share until one years from the closing of the offering at a price of CAD 0.075.

Eligible finders will be entitled to receive a commission of 7% cash and broker warrants equal to 8% of the number of working capital units sold under the offering. Each broker warrant entitles the holder to acquire a common share at CAD 0.05 for one year from closing. All securities to be issued pursuant to the private placement will be subject to a statutory four month and one day hold period.