Euro Sun Mining Inc. announced a private placement to issue a 6% convertible promissory note at an issue price of $125,000 for the gross proceeds of $125,000 on March 1, 2024. The transaction included participation from individual investors John Robins and James Paterson. The Note bears interest at 6% per annum, compounded monthly and maturing on February 22, 2025.

All Conversion Shares issued under the Promissory Note are subject to a hold period of four months and one day from the date of issuance. The Principal Amount and all interest accrued thereon is convertible into common shares of the Company at a price of ($0.02578) CAD 0.035 per Conversion Share.