Gold Bull Resources Corp. announced a non-brokered private placement to issue up to 3,703,703 hard dollar units of the company at a price of CAD 0.27 per unit for the gross proceeds of CAD 1,000,000 on February 1, 2024. Each unit will consist of one common share of the company and one whole common share purchase warrant.

Each warrant will entitle the holder thereof to acquire one additional share at a price of CAD 0.40 per warrant share until the date which is 36 months following the closing. Closing of the offering is anticipated to occur on or about March 10, 2024, and is subject to customary closing conditions, including the Company's receipt of TSX Venture Exchange approval. In connection with the offering, the company may pay finder's fees to eligible finders.

All securities issued in connection with the offering will be subject to a statutory hold period of four months and a day from the closing date.