Radisson Mining Resources Inc. announces private placement for gross proceeds of CAD 5,000,000 on October 30, 2023. The company will issue any combination of units, the Hard Units at a price of CAD 0.18 per hard unit, class A shares of the to be issued as flow-through shares at price of CAD 0.205 per Federal FT Share, class A shares to be issued as flow-through shares at a price of CAD 0.225 per Quebec FT Share and flow-through units to be sold to charitable purchasers, the Charity FT Units at a price of CAD 0.32 per Charity FT Unit. Each Hard Unit will consist of one Class A common share of the Corporation and one-half of a Class A common share purchase warrant.

Each Charity FT Unit will consist of one class A of the Corporation to be issued as a flow-through share and one-half of a warrant. Each warrant will entitle the holder thereof to acquire one additional Class A share of the corporation for a period of 24 months from the closing of the Offering at a price of CAD 0.27. The offering is scheduled to close on or about November 23, 2023, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including that of the TSX Venture Exchange.