Granite Creek Copper Ltd. announced a non-brokered private placement of up to 37,500,000 units at a price of CAD 0.04 per unit for the gross proceeds of CAD 1,500,000 on March 7, 2024. Each unit will consist of one common share of the company and one common share purchase warrant, with each warrant entitling the holder to acquire one additional common share of the company at a price of CAD 0.07 for a term of 24 months from the closing date of the offering. The transaction is expected to close on or about March 20, 2024, and is subject to customary closing conditions, including approval of the TSX Venture Exchange.

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