Quebec Pegmatite Holdings Corp. announced a non-brokered private placement offering of up to 5,000,000 units at a price of CAD 0.30 per unit for the gross proceeds of CAD 1,500,000 on June 21, 2024. Each Unit will consist of one common share and one Common Share purchase warrant.

Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of CAD 0.40 per Common Share for a period of three years from the closing date of the Offering. The securities issued under the Offering will be subject to a statutory hold period in Canada expiring four months and one day from the closing of the Offering. The Company may pay a finder?s fee to eligible persons pursuant to applicable securities laws and Canadian Securities Exchange policies.