Private Placement Funding

Casa Minerals Announces Up To $4 Million Non-Brokered Flow-Through Private Placement

Casa Minerals Inc. (TSXV: CASA) (OTCQB: CASXF) (FSE: 0CM) has announced plans to raise gross proceeds of up to $4M through issuing 25,000,000 units in a flow-through private placement at a price of $0.10 per unit (FT Unit) for gross proceeds totalling up to €2,500,000. Each Unit will consist of one common share and one non-flow-through common share purchase warrant, each with each Warrant being able to purchase one additional common share at an exercise price of €0.125 for a period of twenty-24 months from the date of issuance. The proceeds from the FT Units will be used for exploration activities at the Company's properties and general working capital purposes. The Company can accelerate the expiry of the Warrants if the volume-weighted average trading price of its common shares exceeds $0.,20 for five consecutive trading days. The Financing is subject to the acceptance of the Exchange. The Shares have not been registered under the US Securities Act of 1933 or the securities laws of any state of the United States, nor have been offered in any jurisdiction deemed unlawful.