Mansa Exploration Inc. announced a non-brokered private placement for gross proceeds of up to CAD 2,000,000 on December 3, 2021. The company will issue a unit at a price of CAD 0.15 per unit with each unit consisting of one common share of the company and one-half of one common share purchase warrant. One Warrant entitles the holder thereof to purchase one common share of the company at a price of CAD 0.25 per share for a period of twenty four months from the closing date of the private placement; and a flow-through share at an issue price of CAD 0.20 per flow-through share.

Finder's fees will be payable on the private placement.