Back to News Releases

Big Gold Closes Non-Brokered Private Placement

Big Gold Closes Non-Brokered Private PlacementAll amounts expressed are in Canadian dollars.Toronto, Ontario--(Newsfile Corp. - April 3, 2025) - Big Gold Inc. (CSE: BG) ("the Company" or "BigGold") is pleased to announce that the Company has closed a non-brokered private placement offering("the Offering") for gross proceeds of $25,000.As part of the closing, the Company issued 1,000,000 units ("Units") at a price of $0.025 per Unit forgross proceeds of $25,000. Each Unit consists of one (1) common share and one half (1/2) nontransferable purchase warrant (a "Warrant") with each Warrant entitling the holder to purchase oneadditional common share at a price of $0.05 for a period of eighteen (18) months from the closing of theOffering).The net proceeds of the Offering will be used for working capital purposes.In accordance with applicable Canadian securities laws, all securities issued pursuant to the privateplacement will be legended with a hold period of four months and one day from the date of issuance.Completion of the private placement and payment of any finder's fees remain subject to the receipt of allnecessary regulatory approvals, including approval of the Canadian Securities Exchange (the "CSE").About Big Gold Inc.Big Gold Inc. is a junior mining exploration company. Its initial focus is to conduct exploration programson the Martin Kenty Property and its recently acquired Tabor Property, both located inOntario. Big Goldwill also continue to consider other opportunities as they arise, with the objective of acquiring andexploring early-stage base and precious metal projects.For more information, please contact investor relations at investors@biggold.ca.On Behalf of the Board of Directors,Scott WaltersPresident and CEONeither the Canadian Securities Exchange nor its regulation services provider has reviewed oraccepted responsibility for the adequacy or accuracy of this press release.This press release may include forward-looking information within the meaning of Canadian securitieslegislation, concerning the business of the Company. Forward-looking information is based on certainkey expectations and assumptions made by the management of the Company. Although theCompany believes that the expectations and assumptions on which such forward-looking informationis based on are reasonable, undue reliance should not be placed on the forward-looking informationbecause the Company can give no assurance that they will prove to be correct. Forward-lookingstatements contained in this press release are made as of the date of this press release. TheCompany disclaims any intent or obligation to update publicly any forward-looking information,whether as a result of newinformation, future events or results.Not for dissemination in the US.To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/247290