Clean Air Metals Inc. announced a non-brokered private placement of 8,000,272 flow-through units at a price of CAD 0.055 per flow-through unit for gross proceeds of CAD 440,014.96 on July 3, 2024. Each flow-through unit consists of one flow-through common share and one half of one common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at a price of CAD 0.08 for 24 months following the date of issuance.

Any securities issued under the offering will be subject to a statutory hold period of four months and one day from the date of issuance. This Offering is subject to final approval of the TSX Venture Exchange.