1348515 B.C. Ltd. announced that it will receive non-brokered private placement of 5,882,352 subscription receipts at a price of CAD 0.51 per subscription receipt for gross proceeds of CAD 3,000,000 on July 10, 2023. The transaction includes the participation from returning investor, Northern Superior Resources Inc. Each Subscription Receipt issued would be convertible, for no additional consideration, into one common share of 1348515 B.C. Ltd. The company may pay cash finder's fees in connection with, respectively, the Subscription Receipt Private Placement and the Share Private Placement.