Mr. Chad Peters reports

RIDGELINE MINERALS CLOSES OVERSUBSCRIBED $2.2 MILLION PRIVATE PLACEMENT

Further to its news releases dated April 17, 2024, and April 19, 2024, Ridgeline Minerals Corp. has closed its oversubscribed, non-brokered private placement to issue 18,481,801 units of the company at a price of 12 cents per unit for aggregate gross proceeds of $2,217,816.

Each unit consists of one common share of the company and one-half common share purchase warrant. Each warrant entitles the holder to acquire one additional common share in the company at a price of 18 cents until May 7, 2026.

The proceeds from the offering will be used to finance exploration activities at the company's Nevada properties and for general working capital. In connection with the offering, the company has paid aggregate cash finders' fees of $76,849.

All securities issued pursuant to the offering will be subject to a statutory four-month-and-one-day hold, expiring on Sept. 8, 2024.

About Ridgeline Minerals Corp.

Ridgeline Minerals is a discovery-focused precious metal and base metal explorer with a proven management team and a 192-square-kilometre exploration portfolio across five projects in Nevada, United States. The company boasts two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects, which are being aggressively explored by Nevada Gold Mines in 2024.

We seek Safe Harbor.