Leucrotta Exploration Announces Closing of Private PlacementCalgary, Alberta--(Newsfile Corp. - June 22, 2021) - Leucrotta Exploration Inc. (TSXV: LXE) ("Leucrotta" or the "Company") is pleased to announce that it has closed its non-brokered private placement offering previously announced on June 15, 2021 (the "Private Placement") of 1,870,000 units of the Company (the "Units") at a price of C$0.73 per Unit for gross proceeds of C$1,365,100. Each Unit consisted of one common share issued on a flow-through basis in respect of Canadian development expenses (CDE) under the Income Tax Act (Canada) (a "CDE Common Share") and one flow-through CDE Common Share purchase warrant (each whole CDE Common Share purchase warrant, a "Warrant"). Each Warrant entitles the holder thereof to acquire one CDE Common Share at a price of C$1.00 for a period of 36 months from the closing date of the Private Placement.For further information, please contact:LEUCROTTA EXPLORATION INC.700, 639 -5th Ave SWCalgary, Alberta T2P 0M9Phone: (403) 705-4525www.leucrotta.caRobert Zakresky President and Chief Executive Officer Nolan ChicoineVice President, Finance and Chief Financial OfficerNeither 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of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88339Newsfile Corp.June 22, 2021 - 2:00 PM PDTNews by QuoteMediawww.quotemedia.com