$947,650 Raised in Final Closing of 1844 Resources Private Placement

1844 Resources Inc. (the Company) has announced that it has closed its second and final tranche of private placement, raising $325,550 in gross proceeds.

The company issued 6,500,000 Hard Dollar Units at a price of $0.03 per unit for $195,000 and 3,730,000 Flow-Through Units at a price of $0.035 per unit for $130,550.

With the completion of both closings, the Company has issued an aggregate total of 18,220,000 Flow-Through Units for gross proceeds of $637,700 and 10,331,666 Hard Dollar Units for gross proceeds of $309,950. The combined amount raised is $947,650.

The use of proceeds from the sale of Flow-Through Units will be used to incur eligible Canadian exploration expenses that qualify as critical minerals flow-through mining expenditures, including expenditures related to the Company's planned 3,000-metre diamond drilling program at its Sullipek East copper project.