Past Minerals proclaims a flow-through inventory providing for gross proceeds as much as $2 million

Past Minerals Inc. (CSE: BY) (OTCQB: BYDMF) (the “Firm” or “Past Minerals”) is happy to announce a proposed unbrokered personal placement of as much as 4,000,000 shares of the Firm’s frequent inventory which is will qualify as “Streaming Shares” (throughout the which means of subsection 66(15) of the Earnings Tax Act (Canada) (the “Streaming Shares”) at a value of $0.50 per share for mixture gross proceeds as much as $2,000. 000 (the “Supply”).

The gross proceeds of the Supply might be utilized by the Firm to assist eligible “Canadian exploration bills” which is able to qualify as “flux important minerals mining bills” as such phrases are outlined within the Earnings Tax Act (Canada) (the “Qualifying Bills“) referring to the Firm’s initiatives in Ontario. All Qualifying Bills might be waived to candidates for Movement-By means of Shares efficient December 31, 2023.

Allan Body, President and CEO of Past Minerals, commented: “In lower than a month, Past Minerals has assembled the biggest greenfield lithium exploration in Ontario, has recruited a VP Exploration and has entered into service agreements with two of the foremost firms exploration base within the province. The funding introduced in the present day supplies us with the funds wanted to conduct a strong and complete exploration program that’s anticipated to start subsequent week.”

He added: “Initially our focus might be to conduct a primary ‘first go’ exploration program on every property. This exploration section will contain conducting traverses to determine and doc the traits of all uncovered pegmatites encountered and accumulate samples for geochemical evaluation.This can result in a second section of exploration which might be extra targeted on these areas displaying the best discovery potential and can embody actions meant to determine and mitigate the dangers of diamond drill targets by the top of the summer season”.

The Firm just lately turned the biggest greenfield lithium exploration participant in Ontario with a complete lithium possession portfolio of 64 properties spanning over 150,000 acres.

The Firm might pay finder’s charges in reference to the Providing in money, inventory, warrants, or a mix thereof. All securities to be issued beneath the Supply might be topic to a ready interval of 4 months and in the future from their subject date.

The securities provided haven’t been registered beneath the US Securities Act of 1933, as amended, and is probably not provided or bought in the USA absent registration or an relevant exemption from registration necessities. This press launch doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase nor will there be any sale of the securities in any state during which such supply, solicitation or sale could be illegal.

About Past Minerals Inc.

Past Minerals Inc. is the biggest greenfield lithium exploration operator in Ontario with 64 excessive potential greenfield lithium properties totaling greater than 150,000 hectares. The Firm has adopted the venture generator enterprise mannequin to maximise funds obtainable for exploration initiatives whereas minimizing shareholder dilution. Past Minerals is pursuing a few of its initiatives with its exploration crew and can look to possibility different properties to three way partnership companions. Partnering on numerous initiatives will present a supply of non-dilutive working capital, partner-funded exploration, and long-term residual publicity to exploration success.

Please observe @BeyondMinerals on Chirping, Fb, LinkedIn, Instagram AND Youtube.

For extra info, see the Firm’s web site at

Cautionary Assertion Regarding Ahead-Wanting Info: This press launch contains sure “forward-looking info” throughout the which means of relevant Canadian securities legal guidelines. All statements, aside from statements of historic reality, included herein, together with, with out limitation, statements relating to future capital expenditures, anticipated content material, graduation, and value of exploration packages in reference to the mineral properties and initiatives of the Firm, anticipated outcomes of the exploration program from exploration actions, assets and/or reserves on the Firm’s mineral initiatives and properties, in addition to the anticipated enterprise plans and timing of the Firm’s future actions, are forward-looking info. Whereas the Firm believes such statements to be cheap, it may give no assurance that such expectations will show to be appropriate. Usually, however not at all times, forward-looking info may be recognized by phrases reminiscent of “proforma,” “plans,” “expects,” “will,” “might,” “ought to,” “funds,” “deliberate,” “estimate.” “, “forecasts,” “intends,” “anticipates,” “believes,” “potential,” or variations of those phrases, together with destructive variations thereof, and phrases referring to sure actions, occasions, or outcomes that would, may, may, may or will occur or be taken or achieved. In stating forward-looking info on this press launch, the Firm has utilized a number of materials assumptions, together with, with out limitation, that market fundamentals will end in sustained demand and costs for treasured and base metals, the receipt of all the required permits, licenses and regulatory approvals in relation to future exploration of the Firm’s properties, the provision of financing on appropriate phrases and the Firm’s potential to adjust to environmental, well being and security legal guidelines.

Ahead-looking info includes recognized and unknown dangers, uncertainties and different components that would trigger the Firm’s precise outcomes, efficiency or achievements to vary materially from any future outcomes, efficiency or achievements expressed or implied by the forward-looking info statements. Such dangers and different components embody, amongst others, statements relating to the Firm’s anticipated enterprise plans and timing of future operations, proposed bills for exploration of its properties, the Firm’s potential to acquire adequate financing to finance its enterprise and plans, delays in acquiring governmental and regulatory (together with Canadian Securities Trade) approvals, permits or financing, adjustments to legal guidelines, rules and insurance policies affecting mining operations, dangers associated to epidemics or pandemics reminiscent of COVID-19, limitations on the Firm’s working historical past, forex fluctuations, title disputes or claims, environmental points and liabilities, in addition to these components mentioned beneath the heading “Threat Components” within the Firm’s prospectus dated February 23, 2022 and different paperwork filed by the Firm with regulatory authorities of Canadian securities, copies of which may be discovered beneath the Firm’s profile on SEDAR’s web site at

Readers are cautioned to not place undue reliance on forward-looking info. The Firm undertakes no obligation to replace any of the forward-looking info contained on this press launch, besides as in any other case required by regulation.

For extra info, please contact:

Allan body
President and CEO
Cellphone: 403-470-8450
Electronic mail:

Jason body
Communications supervisor
Cellphone: 587-225-2599
Electronic mail:


To view the unique model of this information launch, please go to

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