Proceeds of the Private Placement will be used to fund the Company’s further exploration and development of its Banio Potash Project as well as for general working capital purposes.

Additional details of the Private Placement including required MI 61-101 disclosure, as well as discussion of insider (related party) participation, shareholder approval and closing, can be found in the Company’s news release of November 22, 2024.

The Private Placement is conditional upon the approval of the TSX Venture Exchange.

Market Making Services Agreement         

The Company wishes to announce that, in September of 2024, it retained Independent Trading Group (ITG) Inc. ("ITG") to provide market-making services (the "Services") permitted by, and in accordance with, the TSX Venture Exchange Policies.  ITG is a Dealer Member in good standing of the Canadian Investment Regulatory Organization located in Toronto, Ontario. 

ITG was retained to trade the shares of the Company on the Exchange, in compliance with the Exchange’s policies, to maintain a reasonable and fair market in the Company’s shares.  In consideration of these Services, the Company was to pay to ITG a monthly fee of $5,000 on a trial basis for one month with the right to terminate the agreement on thirty (30) days’ notice. 

The Company and ITG are not related parties and and are unaffiliated entities.  The Company’s agreement with ITG does not provide for ITG to receive shares, options or other securities as compensation for providing services.  The capital for providing the Services is provided by ITG and not by the Company.  

The Company is in the course of filing with the Exchange those documents required under Policy 3.4 for a market making services agreement.

To find out more about Millennial Potash Corp. please contact Investor Relations at (604) 662-8184 or email info@millennialpotash.com.

Keep up-to-date on Millennial Potash developments and join our online communities on: Twitter, Facebook, LinkedIn, Instagram and YouTube.

MILLENNIAL POTASH CORP.

“Farhad Abasov”
Chair of the Board of Directors

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This document may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan” or "planned", “forecast”, "intend", “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental (including land or water use), local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure, changes in laws, rules and regulations in Gabon or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or CFA or other currencies, fluctuations in the market for potash or potash related products, changes in exploration costs and government royalties, export policies or taxes in Gabon or any other jurisdiction and other factors or information. The Company’s current plans, expectations and intentions with respect to development of its business and of the Banio Potash Project may be impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other market conditions on its ability to secure further financing or funding of the Banio Potash Project. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.