Thomas Pladsen Acquires Shares of Carrie Arran Resources Inc.

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Toronto, Ontario--(Newsfile Corp. - May 5, 2022) - Thomas Pladsen, through his wholly-owned company, 2195362 Ontario Ltd. (the "Acquiror") of Toronto, ON acquired on May 5, 2022, under a private placement subscription agreement, ownership and/or exercise of control or direction over an aggregate of 2,000,000 common shares (each a "Share") of Carrie Arran Resources Inc. (the "Issuer") at a price of $0.03 per Share under a private placement offering by the Issuer (the "Private Placement"). This acquisition increased the Acquiror's ownership and/or control of and direction over, issued and outstanding Shares to approximately 18.75%.

Immediately before the Private Placement, the Acquiror owned 267,802 Shares representing approximately 12.79% of the then issued and outstanding Shares. Upon closing of the Private Placement, the Acquiror owns 2,267,802 Shares representing approximately 18.75% of the issued and outstanding Shares.

The acquisitions were made for investment purposes by the Acquiror. These investments will be evaluated, and the investments increased or decreased as circumstances warrant. As of the date of this release, the Acquiror has no immediate future intention to acquire additional securities of the Issuer or to dispose of securities of the Issuer that he owns or over which he exercises control or direction.

A report respecting this acquisition will be electronically filed with the Securities Commission in each jurisdiction where the Issuer is reporting and will be available for viewing on SEDAR at www.sedar.com.To obtain a copy of the report, contact the Acquiror at 416-907-9980.

(signed) "Thomas Pladsen"
Thomas Pladsen

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122960

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