Evergold Announces Upsized Non-Brokered Private Placement of up to $6,000,000

Executive Summary

• Evergold Corp. announced an upsizing of its non‑brokered private placement, increasing the total potential gross proceeds to up to C$6 million (an additional C$1 million).
• The offering will consist of a mix of hard‑dollar units at $0.55 per unit and flow‑through shares at $0.65 per share, with no changes to any other terms.
• Closing is expected on or about April 1, 2026, subject to regulatory approvals and a four‑month hold period for the securities.

Key Details

• Upsized Offering Size: Up to C$6 million total gross proceeds (previously C$5 million).
• Pricing:
• Hard‑Dollar Units (HD Units) – $0.55 per unit
• Flow‑Through Shares (FT Shares) – $0.65 per share
• Structure: Investors may purchase any combination of HD Units and FT Shares up to the total amount.
• Closing Date: Anticipated on or about April 1, 2026, or other dates as determined by the company.
• Regulatory Conditions: Closing subject to receipt of all required regulatory approvals, including acceptance by the TSX Venture Exchange.
• Hold Period: All securities issued will be subject to a four‑month and one‑day hold period from issuance under Canadian securities law.
• U.S. Offering Disclaimer: Securities are not registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption.
• Qualified Person Review: Charles J. Greig, M.Sc., P.Geo., Executive Chairman and Qualified Person (NI 43‑101) reviewed and approved the technical information.

Notable Quotes

• “The additional financing capacity strengthens our balance sheet and provides the flexibility needed to advance the Golden Lion project’s exploration program,” – Alex Walcott, President, CEO & Director.