Scotch Creek closes $240,000 final tranche of placement

Mr. David Ryan reports SCOTCH CREEK VENTURES ANNOUNCES PRIVATE PLACEMENT Scotch Creek Ventures Inc. has closed the second and final tranche of its private placement financing announced Feb. 13, 2026, by issuing 4.8 million units at five cents per unit for gross proceeds of $240,000. The first tranche of the offering closed on March 24, 2026, pursuant to which the company issued 2.6 million units for gross proceeds of $130,000, bringing the total gross proceeds raised under the offering to $370,000. Each unit consists of one common share in the capital of the company and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional share of the company at an exercise price of 7.5 cents per share for a period of 24 months from the date of issuance. The net proceeds of the offering are intended to be used for retiring indebtedness and working capital purposes. About Scotch Creek Ventures Inc. Scotch Creek is a mineral exploration company, focused on the acquisition, exploration and development of lithium projects located in Tier 1 North American mining jurisdictions. Scotch Creek's mission is to become a best-in-class lithium exploration company situated in one of the most promising lithium districts in the world, Clayton Valley, Nevada. We seek Safe Harbor.