Snow Lake Energy Announces Purchase of US $16 Million Provided by Investing.com

Winnipeg, Manitoba–(Newsfile Corp. – January 23, 2025) – Snow Lake Resources (NASDAQ:) Ltd., d/b/a Snow Lake Energy (NASDAQ: LI™) (“Snow Lake“or”Company“), a company that explores uranium, today announced the purchase of a good effort to issue 16,000,000 ordinary shares at a price of US$ 1.00 per share. Summary (EPA:) Net proceeds from the offering, before deducting agent fees and other expenses, are expected to be US$16,000,000. The offering is expected to close on January 27, 2025, subject to the satisfaction of customary closing conditions.

The Company intends to use all proceeds from the offering primarily for operational and general corporate purposes.

ThinkEquity is acting as sole agent for the offering.

The securities will be offered and sold pursuant to a platform registration statement on Form F-3 (File No. 333-272324), including a base prospectus, filed with the US Securities and Exchange Commission (“SEC “) on June 1, 2023 and declared effective on August 9, 2023. The offering will be made only by written prospectus. The prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the SEC on its website at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus relating to the offering may also be obtained, when available, from the offices of ThinkEquity, 17 State Street (NYSE:), 41^St Floor, New York, New York 10004.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any jurisdiction or jurisdiction. such offer, solicitation or sale may be lawful prior to registration or certification. under the securities laws of any other country or jurisdiction.

About Snow Lake Resources Ltd.

Snow Lake Resources Ltd., d/b/a Snow Lake Energy, is a Canadian listed (NASDAQ: LI™) clean energy exploration company, with a global commitment to clean energy projects. mineral made up of two plans of uranium and two hard lithium. projects. The Black Lake Project is an exploration phase project located in the Athabasca Basin, Saskatchewan and the Engo Valley Uranium Project is an exploration phase project located on the Skeleton Coast of Namibia. The Shatford Lake Project is an exploration phase project adjacent to the Tanco tantalum, cesium, and lithium mine in Southern Manitoba, and the Snow Lake Lithium™ Project is an exploration phase project located in the Snow Lake area of ​​Northern Manitoba.

Snow Lake’s current focus is to continue exploration of its two uranium projects to provide the resources needed for the clean energy transition and free energy extraction, while exploration activities at its projects are lithium lines will remain limited until the lithium market recovers. from the current state of depression. Learn more at www.snowlakeenergy.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995 which are subject to significant risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements, including without limitation statements about Snow Lake Resources Ltd. which we find in the information we have now. Forward-looking statements in this press release can be identified by the use of words such as “anticipate,” “believe,” “think,” “about,” “estimate,” “anticipate,” “responsible,” “seek, ” “might,” “maybe,” “plan,” “opportunity,” “prediction,” “project,” “goal,” “intend,” “should,” “will,” “will,” ” come,” “is” or not correct in these. words or similar sentences, although not all future sentences contain these words. Forward-looking statements are based on Snow Lake Resources Ltd.’s current expectations. and are subject to natural uncertainties, risks and assumptions that are difficult to predict. In addition, certain forward-looking statements are based on assumptions about future events that may not prove to be correct. Some of these risks and uncertainties are described in more detail in the section entitled “Risk Factors” in our registration statements and annual reports filed with the Securities and Exchange Commission. The forward-looking statements contained in this announcement are made as of the date hereof, and Snow Lake Resources Ltd. has no obligation to update such information except as required by applicable law.

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