Chibougamau Independent Mines Completes “Flow-Through” Financing

Core Viewpoint - Chibougamau Independent Mines Inc. has successfully completed a private placement, raising approximately $200,000 through the issuance of 689,655 "flow-through" shares at a price of $0.29 per share, which will be utilized for exploration on its Lac Chibougamau property in Québec [1]. Group 1 - The private placement resulted in a total of 61,755,191 common shares of Chibougamau being issued and outstanding [2]. - The newly issued shares are subject to a four-month hold period, which will expire on May 1, 2026 [2].