Au Gold arranges $2-million private placement

Executive Summary

• Au Gold Corp. has arranged a $2 million non-brokered private placement to fund general corporate purposes and exploration on its mineral properties.
• The financing consists of 13,333,333 units priced at $0.15 per unit, with all proceeds subject to TSX Venture Exchange approval.
• Each unit includes one common share and one-half warrant exercisable at $0.30 per share for a three-year term.

Key Details

• Gross Proceeds: $2,000,000
• Units Issued: 13,333,333 units
• Price per Unit: $0.15
• Unit Composition: 1 common share + 0.5 warrant per unit
• Warrant Terms: Exercisable at $0.30 per share, valid for 3 years
• Hold Period: 4 months and 1 day in accordance with applicable securities laws
• Use of Proceeds: General corporate purposes and exploration on the company's mineral exploration properties
• Regulatory Status: Subject to TSX Venture Exchange approval
• Related Corporate Activity: Company recently announced the acquisition of the Havelock gold-antimony project in Victoria, Australia (referenced in Jan. 15, 2026 release)