Eskay Mining Completes Private Placement for Exploration Funds

Eskay Mining Corp. has successfully closed a non-brokered private placement of 2,250,000 charity flow-through units, raising significant capital. Each unit, priced at C$0.56, includes a common share and a half-purchase warrant, allowing purchase of additional shares at C$0.65 until August 28, 2027.

The proceeds are earmarked for exploration expenses under Canadian and British Columbia tax guidelines. Funds will support work at Eskay’s project in British Columbia's Golden Triangle. A finder was compensated with $54,000 and 135,000 warrants, each eligible for common shares at $0.40 until August 28, 2027.

This financing backs continued exploration in the Vermillion and TM Zones, aiding in drill target identification and mapping through satellite imagery. Eskay Mining remains focused on advancing its exploration efforts, bolstered by shareholder and market support.