Playfair Mining Ltd. announced a non-brokered private placement of up to 20,000,000 common shares at a price of CAD 0.07 per share for aggregate gross proceeds of CAD 1,400,000 on March 2, 2023. The company may pay finder's fee equal to 7% of the aggregate proceeds. The transaction is expected to close on April 17, 2023.

The offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange.