Fuse Cobalt Inc. announced a non-brokered private placement of 30,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 1,500,000 on December 7, 2022. Each unit comprises of one common share of the company and one share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CAD 0.065 per share, for a period of five years from closing, subject to TSX Venture Exchange (TSXV)approval.

FinderÆs fees will be paid in connection with in accordance with Exchange Polices and are subject to Exchange approval. The securities issued and finderÆs fees will be subject to a four-month and a day hold period in accordance with applicable Canadian Securities Laws.