Share: Marksmen" or the " Company") (TSXV:MAH) (OTCQB:MKSEF) announces that it has completed the second and final closing of its previously announced non-brokered private placement of units (the " Units") of Marksmen (the " Offering") which was increased pursuant to the Company's news release dated February 1, 2021. The Company issued 12,575,000 Units at a price of $0.04 per Unit for aggregate gross proceeds of $503,000, bringing the total aggregate gross proceeds raised under the Offering to the maximum of $600,000. Each Unit is comprised of one (1) common share (" Common Share") and one (1) share purchase warrant (" Warrant") of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.07 per share expiring two (2) years from the date of issuance.