Fabled Copper Corp. announced a non-brokered private placement of 350,000 flow-through units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 35,000 and 3,255,000 conventional units at an issue price of CAD 0.08 per conventional unit for the gross proceeds of CAD 260,400; aggregate gross proceeds of CAD 295,400 on April 12, 2023. Each flow-through unit shall be composed of one common share and one common share purchase warrant.

Each flow-through warrant will entitle the holder thereof to acquire one additional common share at a price of CAD 0.15 per common share for a period of 24 months from the date of issuance. Each conventional unit shall be composed of one common share and one common share purchase warrant. Each conventional warrant will entitle the holder thereof to acquire one additional common share at a price of CAD 0.12 per common share for a period of 24 months from the date of issuance.

The transaction are subject to the receipt of all necessary approvals, including the acceptance and approval of the Canadian Securities Exchange. All securities issued pursuant to the transaction are subject to the statutory hold period that expires four months and one day from their issuance. The issuer may pay finder's fees to eligible finders in accordance with the policies of the Canadian Securities Exchange.