EV Minerals Announces Private Placement

Toronto, Ontario–(Newsfile Corp. – August 15, 2024) – EV Minerals Corporation (CSE: EVM) (FSE: RLC) (the “Company” or “EV minerals“) is pleased to announce that it intends to complete a non-brokered private placement financing for gross proceeds of up to $1,200,000 through the issuance of up to 70,588,235 common shares (each a “Ordinary shares“) in the capital of the Company at a price of $0.017 per common share (the “To offerThe gross proceeds from the offering will be used for corporate strategy, working capital and general corporate purposes.

The closing of the Offering is subject to the receipt of all necessary approvals of the Company and the regulatory authorities, including the approval of the Canadian Securities Exchange. Any securities issued in connection with the Offering will be subject to a waiting period of four months plus one day from the date of issuance and the resale rules of applicable securities legislation.