Ridgeline Minerals Closes $500k Private Placement

Core Points - Ridgeline Minerals Corp. has successfully closed a non-brokered private placement, issuing 2,174,000 common shares at a price of $0.23 per share, resulting in gross proceeds of$500,020 [1][2] Group 1: Financial Details - The proceeds from the private placement will be allocated to fund exploration activities at the Company's Nevada projects and for general working capital [2] - All shares issued will be subject to a statutory hold period of four months and one day, expiring on July 21, 2025 [2] Group 2: Company Overview - Ridgeline Minerals is focused on precious and base metal exploration, with a management team and a portfolio of seven projects covering 200 km² in Nevada, USA [4] - The Company holds a mix of 100%-owned exploration assets and earn-in agreements with Nevada Gold Mines and South32 for additional projects [4]