June 19, 2024For Immediate Release. Vancouver, British Columbia, June 19, 2024. Pacific Bay Minerals Ltd. (TSX Venture: PBM, “Pacific Bay” or, the “Company”) reports that the balance of its non-brokered private placement announced on March 18, 2024 and March 26, 2024 (the “Financing”) will not be proceeding. The Company announced the closing of a First Tranche on May 13th, whereby the Company issued a total of 2,600,000 units (the “HardUnits”) at $0.05 per Hard Unit, and 1,178,144 flow-through units (the “Flow-Through Units”) at $0.07 per Flow-Through Unit, for aggregate total gross proceeds of $212,470.
About Pacific Bay Minerals Ltd.
Pacific Bay Minerals is a Canadian mineral exploration company engaged in the acquisition, exploration, and development of mining projects. Pacific Bay Minerals is focused on its 100% owned properties located in British Columbia: Sphinx Mountain Rare Earth Project near Dease Lake in northern BC and the Haskins Reed Polymetalic Project near Cassiar BC.
Pacific Bay Minerals Ltd.
Per/
Reagan Glazier, President and CEO
reagan@pacificbayminerals.com
(403) 815-6663
Pacificbayminerals.com
