Sasquatch Resources Announces Increase in Private Placement

Executive Summary

• Sasquatch Resources Corp. increased its non‑brokered private placement from $500,000 to $600,000.
• The offering now consists of 6,000,000 units at $0.10 per unit, each unit containing one common share and half a warrant (full warrant allows purchase of one share at $0.15 for 24 months).
• Proceeds will be used to fund the Company’s ongoing exploration programs on its Mount Sicker, Blue Grouse, Santana, and Slesse properties.

Key Details

• Offering Size: Raised to $600,000 (up from $500,000).
• Units Issued: 6,000,000 units at $0.10 per unit.
• Unit Composition: 1 common share + ½ warrant (full warrant = right to buy one share at $0.15).
• Warrant Terms: Exercise price $0.15, exercisable for 24 months from issuance.
• Finders’ Fees: Company may pay finder's fees in connection with the offering.
• Holding Period: Securities subject to a four‑month hold period under Canadian securities laws.
• Insider Participation: Insiders are expected to participate in the placement.
• Use of Proceeds: Intended to fund exploration activities on the Company’s key properties (Mount Sicker, Blue Grouse, Santana, and Slesse).

Notable Quotes

(No executive quotes were provided in the release.)