Advanced Gold Acquires 100% Interest in Silver Belle Nevada CRD Claims

Executive Summary

• Advanced Gold entered a purchase‑sale agreement to acquire 100 % of the Silver Belle Project in Nevada for cash payments totaling $175,000 and up to 3,000,000 common shares, plus an optional $1.5 M royalty buy‑out.
• The company announced a non‑brokered private placement of up to 5,000,000 units at $0.20 per unit, targeting gross proceeds of up to $1,000,000 for general corporate purposes.
• The acquisition adds a historic high‑grade silver‑lead‑zinc carbonate replacement deposit (CRD) property with documented grades of 1,611 g/t Ag and significant base metal content.

Key Details

• Acquisition Target: Silver Belle Project – ~100 unpatented lode claims covering 2,000 acres in Eureka County, Nevada, within a prolific CRD belt.
• Consideration – Cash: $25,000 payable at execution (Effective Date), $100,000 at closing, and $50,000 on or before the sixth anniversary of closing.
• Consideration – Shares: 1,500,000 common shares issued at closing; an additional 1,500,000 common shares to be issued on or before the sixth anniversary of closing.
• Royalty: Stream Metals entitled to a 1.5 % net smelter return royalty; optional purchase for US$1,500,000 to eliminate the royalty.
• Regulatory Conditions: Transaction subject to Canadian Securities Exchange approval and other customary regulatory approvals; issued securities subject to a four‑month‑plus‑one‑day hold period.

Proposed Private Placement

• Units Offered: Up to 5,000,000 units at $0.20 per unit (gross proceeds up to $1,000,000).
• Unit Composition: Each unit = 1 common share + ½ of a whole transferable warrant.
• Warrant Terms: Warrants allow purchase of one common share at $0.30 per share for two years from issuance.
• Use of Proceeds: General corporate and working‑capital purposes.
• Finder Compensation: Up to 8 % cash or warrants of gross proceeds may be paid to eligible finders.
• Closing Conditions: Subject to regulatory approvals, including CSE approval; securities subject to the same four‑month‑plus‑one‑day hold period.

Qualified Person Statement

• Jim Atkinson, MSc., P.Geo., Chairman and director (Qualified Person), reviewed and approved the geological information but noted insufficient work to verify historic data; assumes historical sampling meets industry standards.

Notable Quotes

“Data interpreted of the Project has confirmed the site's status as a ‘rediscovery’ target, highlighted by documented historical production of silver.” – Arndt Roehlig, President & CEO

All boilerplate, forward‑looking statements, and company background have been omitted for brevity.