Geologica Resource Corp. announced a non-brokered private placement of 2,000,000 flow-through shares priced at CAD 0.10 per flow-through share for proceeds of CAD 200,000 and 2,000,000 non flow-through shares priced at CAD 0.10 per share for proceeds of CAD 200,000 for aggregate gross proceeds of CAD 400,000 on December 9, 2022. The securities issued under the financing will be subject to restrictions on resale for 4 months and a day, pursuant to applicable Canadian securities laws and the rules of the Canadian Securities Exchange.