Tres-Or Resources Ltd. announced a private placement of 1,369,600 flow-through units at a price of CAD 0.12 per flow-through unit for total proceeds of CAD 164,352 on February 3, 2022. The transaction included participation from 12 placees including William Moure for 150,000 units and Laura Lee Duffett, President, CEO & Director for 40,000 units. Each flow-through unit consists of one flow-through common share and one-half of one common share purchase warrant.

Each whole flow-through warrant will entitle the holder to purchase one non-flow-through common share of the company at an exercise price of CAD 0.20 for a period of two years from the date of issue. All securities issued under the offering are subject to a statutory hold period ending June 3, 2022, in accordance with applicable Canadian securities laws. The filing documentation with respect to the transaction has been accepted by TSX Venture Exchange.