Prospector Metals Corp. announced a private placement of 5,578,720 common shares at a price of CAD 0.163 per share for aggregate gross proceeds of CAD 909,331.36 on June 28, 2024. The transaction will include participation from new investor B2Gold Corp.

The closing of the offering is subject to the satisfaction of certain conditions, including receipt of approval by the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a hold period of four months and one day from the date of closing, in accordance with applicable Canadian securities laws.