New Break Resources Ltd. announced announce that it has closed a non brokered private placement financing of 830,000 flow-through common shares at a price of CAD 0.15 per Flow-Through Share for aggregate gross proceeds of CAD 124,500 on December 30, 2022. The Flow-Through Shares issued as part of the Financing are subject to a hold period of four months and one day from the date of closing of the Financing. The completion of the Financing is subject to certain conditions including, but not limited to, the receipt of all required regulatory approvals including final approval of the Canadian Securities Exchange.