Pambili Natural Resources Corporation announced a non-brokered private placement of up to 2,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 100,000 on April 11, 2024. Each unit comprises of one common share and one warrant. Each warrant will entitle the holder thereof to acquire one common share at a price of CAD 0.10 per warrant share for a period of 12 months from the closing date.

All units issued under the Offering will be subject to all necessary regulatory approvals, including acceptance from the TSX Venture Exchange and all securities issued under the Offering will be subject to a four-month hold period from the closing date of the Offering, under applicable Canadian securities laws. Certain directors or officers of the company will participate in the Offering