Upside Gold Announces Non-Brokered Private Placement

Executive Summary

• Upside Gold Corp. announced a proposed private placement of up to 1,500,000 common shares at $0.40 per share, targeting gross proceeds of up to $600,000.
• Proceeds are intended to fund ongoing corporate initiatives and strengthen the company’s balance sheet.
• The offering is non‑brokered, subject to customary closing conditions, and expected to close on or about January 23, 2026; all shares will carry a four‑month‑plus hold period.

Key Details

• Offering Size: Up to 1,500,000 common shares.
• Price per Share: $0.40.
• Maximum Gross Proceeds: $600,000.
• Placement Structure: Non‑brokered private placement relying on National Instrument 45‑106 prospectus exemptions.
• Use of Proceeds: To support ongoing corporate initiatives and strengthen the balance sheet.
• Closing Timeline: Expected to close on or about January 23, 2026 (or another date at the Company’s discretion).
• Regulatory Conditions: Closing subject to customary conditions, including securities regulatory approvals and CSE approval.
• Hold Period: Shares issued will be subject to a hold period of four months and one day from issuance.
• Finder’s Fees: May be payable on gross proceeds to eligible arm‑length persons in accordance with applicable securities laws.

Notable Quotes

(No direct quotes were included in the release.)