Stamper Oil & Gas Corp. announced a non-brokered private placement of 6,250,000 units at a price of CAD 0.08 per unit for gross proceeds of CAD 500,000 and 2,500,000 flow-through units at a price of CAD 0.08 per unit for gross proceeds of CAD 200,000 for total aggregate gross proceeds of CAD 700,000 on July 23, 2023. Each unit will consist of one common share and one transferable common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at an exercise price of CAD 0.085 per share for a period of 36 months from the closing date.

Each flow-through unit will consist of one common flow-through share and one transferable common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at an exercise price of CAD 0.085 per share for a period of 36 months from the closing date. All securities issued in the financings will be subject to a statutory hold period expiring four months and one day after closing of the financings. completion of the financings is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange.