1844 Resources Announces New Option to Acquire Up To 100% Interest in Hawk Ridge Property and Concurrent Private Placements for Aggregate Gross Proceeds of Up To $1,500,000

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Saskatoon, Saskatchewan–(Newsfile Corp. – December 11, 2024) – 1844 RESOURCES Inc. (TSXV: EFF) (the “Company” or “1844“) is pleased to announce that, further to its news release of August 13, 2024, it has entered into an option agreement (the “Option Agreement“) with Nickel North Exploration Corp. (“Nickel North“), pursuant to which Nickel North has granted options to the Company to acquire up to a 100% interest, free and clear of all encumbrances, except for an underlying net smelter returns royalty (the “Underlying Royalty“),[1] in the Hawk Ridge property in Quebec (the “Hawk Ridge Property“). The Option Agreement is subject to the approval of the TSX Venture Exchange (the “Exchange“). The Company also announces concurrent non-brokered private placements for aggregate gross proceeds of up to $1,500,000.

The Option Agreement is an arm’s length transaction with Nickel North and no finder’s fees are payable in connection with the…

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