Canada One Mining Corp. announced a non brokered private placement of 15,000,000 units and life offering of 3,000,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 1,800,000 on April 25, 2023. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant.

Each Warrant will be exercisable into one common share at a price of CAD 0.15 per warrant share for a period of three years after the closing date of the private placement, subject to adjustment in certain events. If, at any time following the date that is four-months-and-one-day following the closing date, the common shares have a closing price on the TSXV Venture Exchange ) of CAD 0.25 or greater per common share for a period of five consecutive trading days, the company shall have the right to accelerate the expiry date of the warrants that is at least 60 days following the date of such notice to holders of warrants. The securities issued under private placement subject to a four-month-and-one-day hold period and will be offered in all Canadian provinces pursuant to the accredited Investor exemption under NI 45-106 and in such other jurisdictions that will be determined by the company while securities offered under LIFE offering will not be subject to hold period.

The company may pay finder?s fees under the LIFE Offering as permitted by the policies of the TSXV and applicable securities laws. The transaction is subject to approval from TSXV exchange. The transaction is expected to close on May 26, 2023.