Big Tree Announces Extension of Its Non-Brokered Private Placement
Summary
TORONTO, ON / ACCESSWIRE / May 17, 2024 / Big Tree Carbon Inc. (the "Company" or "Big Tree") (TSXV:BIGT) wishes to announce that it is extending its non-brokered private placement, announced on April 2, 2024, of up to 6,000,000 working capital units (the "WC Units") of the Company at a price of $0.05 per WC Unit for up to $300,000 (the "Offering") for a further thirty (30) days. Each Broker Warrant entitles the holder to acquire a common share at $0.05 for one (1) year from closing.All securities to be issued pursuant to the above-referenced private placement will be subject to a statutory four month and one day hold period.Big Tree Carbon Inc. is an indigenous-led publicly-traded natural asset resource company focused on developing Biodiversity Stewardship projects, based in Ontario, Canada.FOR FURTHER INFORMATION PLEASE CONTACT:Forward Looking Statement:Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. The following are important factors that could cause the Companys actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. Big Tree undertakes no obligation to update such forward-looking statements if circumstances or managements estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.