Sasquatch Resources Announces Private Placement

Executive Summary

• Sasquatch Resources Corp. announced a non‑brokered private placement to raise up to $500,000 in gross proceeds.
• The offering consists of up to 5,000,000 units at $0.10 per unit, each unit containing one common share and half of a warrant to purchase an additional share at $0.15 for 24 months.
• Units are subject to a four‑month hold period; insiders are expected to participate and the company may pay finder’s fees.

Key Details

• Offering Size: Up to 5,000,000 units (aggregate gross proceeds up to $500,000).
• Unit Price: $0.10 per unit.
• Unit Composition: 1 common share + ½ warrant (each whole warrant allows purchase of one common share at $0.15).
• Warrant Term: Exercisable for 24 months from issuance date.
• Hold Period: Units subject to a four‑month hold period under Canadian securities laws.
• Finder’s Fees: Company may pay finder’s fees in connection with the offering.
• Insider Participation: Insiders are expected to participate in the placement.
• Regulatory Notice: Offering is not an offer or solicitation in the United States; securities will not be registered under U.S. law and are exempt from U.S. registration requirements.

Notable Quotes

(No direct quotes provided in the release.)