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Cape Lithium Corp. Capital/Financing Update 2024

Jun 12, 2024

48424_rns_2024-06-11_4e89e9a4-64a5-494f-a138-f2e1c245b2a1.pdf

Capital/Financing Update

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MOONBOUND MINING LTD.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Moonbound Mining Receives CSE Approval for Closing Date Extension for Private Placement

VANCOUVER, BC – June 11, 2024 – Moonbound Mining Ltd. (the ” Company ”) (CSE: MML) announces that it has received approval from the Canadian Securities Exchange to extend the closing of its current sixth tranche of its previously announced private placement offering (the “ Offering ”) to June 27, 2024.

For more information on the Offering and the closings of the five prior tranches, please see the Company’s news releases dated December 19, 2023, January 18, 2024, March 17, 2024, April 18, 2024 and April 22, 2024, May 1, 2024 and May 17, 2024.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933 , as amended (the “ 1933 Act ”), or any state securities laws and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of the 1933 Act.

About the Company

Moonbound Mining Ltd. is a mineral exploration company which currently has three exploration projects and is seeking to acquire additional mineral exploration properties. The current projects include the Yak Property, located in northwestern British Columbia, Canada, as well as the Strathmore Property in Namibia and Norrabees Lithium Project, in South Africa.

For further information, please refer to the Company's disclosure record on SEDAR+ (www.sedarplus.ca).

For more information please contact: