Carlin Gold Completes Private Placement

Executive Summary

• Carlin Gold Corp. closed a non‑brokered private placement of 800,000 units at $0.30 per unit, generating gross proceeds of $240,000.
• Each unit includes one common share and one warrant to purchase an additional share at $0.55 for up to 24 months.
• The company appointed three new technical and financial advisors: Fareed Ahamed, Craig Roberts, and Cal Everett.

Key Details

• Units Issued: 800,000 units @ $0.30 per unit → Gross proceeds: $240,000.
• Unit Composition: 1 common share + 1 common share purchase warrant per unit.
• Warrant Terms: Right to buy one additional common share at $0.55 per share; exercisable for 24 months from issuance date.
• Holding Period: Securities subject to a four‑month hold period under Canadian securities laws, plus any applicable foreign restrictions.
• Use of Proceeds: General working capital purposes. No finder's fees were payable.
• Regulatory Conditions: Closing pending final acceptance by the TSX Venture Exchange (TSXV) and other required regulatory approvals.
• Technical Advisors Added:
• Mr. Fareed Ahamed – Technical & Financial Advisor
• Mr. Craig Roberts – Technical & Financial Advisor
• Mr. Cal Everett – Technical & Financial Advisor

Notable Quotes

“We are pleased to have successfully closed this private placement, which provides us with additional capital to advance our exploration programs and maintain operational flexibility,” — K. Wayne Livingstone, President and Chief Executive Officer.