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Lake Winn Corrects Private Placement NR to $297,400

February 15th, 2023

LAKE WINN CORRECTS DISCLOSURE PURSUANT TO PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT

Lake Winn Resources Corp. has issued a correction to its previously disseminated news releases dated Feb. 1, 2023, and Fe. 3, 2023, announcing the close of the company’s private placement. The prior releases described the number of units and the aggregate gross proceeds of the offering as 4,831,669 units for aggregate gross proceeds of $289,900. The correct number is 4,956,669 units for aggregate gross proceeds of $297,400.

The remaining material terms of the offering remain as announced on Feb. 1, 2023.

About Lake Winn Resources Corp.

Lake Winn is a Vancouver-based lithium company, listed on the NEX Board of the TSX Venture Exchange focusing on exploration and development of lithium projects in Canada. The company’s 100-per-cent-owned Li property hosts the Little Nahanni pegmatite group (LNPG) lithium-cesium-tantalum (LCT) pegmatite dikes that have been traced for over 13 kilometres. The property is located in the Northwest Territories and is 37 km northwest of the recently closed tungsten mine (Cantung). A gated road that extends northwest from Cantung passes within five km of the LNPG property.

Lake Winn arranges $252,000 financing; clarifies NRs

Lake Winn Resources Corp. is clarifying certain information included in its previous news releases. Li property Further to its news release of Jan. 1, 2023, detailing the commencement of certain work in preparation for a drill program in connection with the company's...