New President, Chairman and Private Placement

Executive Summary

• Advanced Gold Exploration appoints Arndt Roehlig as President and CEO, with James Atkinson transitioning to Chairman of the Board.
• The company announces a non‑brokered private placement of up to 5,000,000 units at $0.05 per unit, targeting gross proceeds of up to $250,000 for general corporate and working capital purposes.

Key Details

• Management Changes – Arndt Roehlig appointed President & CEO effective immediately.
• James Atkinson resigns as President & CEO; remains a director and is appointed Chairman of the Board.
• Radovan Danilovksy resigns as director, effective November 1, 2025.
• Private Placement – Up to 5,000,000 units at $0.05 per unit → maximum gross proceeds of $250,000.
• Each Unit consists of:
• One common share;
• One‑half of a whole transferable Common Share purchase warrant.
• Warrant Terms – Warrants allow acquisition of one common share at $0.065 per share for two (2) years from issuance.
• Holding Period – Securities subject to a four‑month plus one day hold period and applicable resale rules.
• Use of Proceeds – Funds will be used for general corporate and working capital purposes.
• Closing Conditions – Subject to regulatory approvals, including CSE approval; finder commissions up to 10% of gross proceeds may be paid.

Notable Quotes

(No direct quotes were provided in the release.)