FE Battery Metals Announces Private Placement Initiative

Vancouver-based FE Battery Metals Corp. has announced a non-brokered private placement aiming for gross proceeds of up to $1,000,000. This initiative includes the issuance of up to 8,750,000 flow-through common shares priced at $0.08 each, intending to raise $700,000. Additionally, 4,285,714 hard dollar common shares will be sold at $0.07 per share, targeting an additional $300,000.

A finder's fee of 6% cash is promised to eligible parties, adhering to the Canadian Securities Exchange policies. The completion of this initiative depends on necessary approvals from regulatory bodies including the CSE. The securities issued will be subject to a four-month hold period.

Funds from the private placement are designated for general working capital and further exploration of properties in Quebec.