Avidian arranges $750,000 private placement

Executive Summary

• Avidian Gold Corp. announced a non-brokered private placement for up to $750,000 in gross proceeds, with a 25% upsize option potentially bringing total proceeds to ~$937,500.
• The offering consists of units priced at $0.13 each, comprising one common share and half a warrant exercisable at $0.25 per share for 36 months.
• Proceeds will be allocated to exploration at mineral properties and general corporate/working capital purposes, with potential insider participation structured as a related-party transaction under MI 61-101.

Key Details

• Offering Structure: Non-brokered private placement of units.
• Unit Price: $0.13 per unit.
• Initial Quantity: Up to 5,769,231 units.
• Upsize Option: Up to 25% increase, allowing for up to 1,442,308 additional units at the corporation's sole discretion.
• Total Potential Proceeds: ~$937,500 if fully subscribed and upsize option exercised in full.
• Total Potential Units: 7,211,539 units.
• Warrant Terms: Each unit includes 0.5 common share purchase warrant; exercise price of $0.25 per warrant share; exercisable for 36 months from closing.
• Use of Proceeds: Exploration at mineral properties and general corporate/working capital purposes.
• Closing Date: On or about April 15, 2026.
• Conditions: Subject to regulatory approvals, including TSX Venture Exchange approval.
• Hold Period: 4 months and 1 day from issuance per applicable Canadian securities laws.
• Insider Participation: Directors and officers may participate; constitutes a related-party transaction under MI 61-101, relying on exemptions from minority shareholder approval and formal valuation requirements as insider participation/consideration is not expected to exceed 25% of market cap.
• Finders' Fees: May be paid to eligible finders in accordance with exchange policies.