Fidelity Minerals Corp. announced a non-brokered private placement of up to 9,500,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 950,000 on March 22, 2022. Each unit will consist of one common share and a whole warrant.

Each warrant will entitle the holder to purchase a common share at a price of CAD 0.11 for a period of 6 months after closing. The transaction is subject to approval from TSX Venture Exchange.