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Relevant Gold Announces Initial Closing of Strategic Financing

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Relevant Gold Announces Initial Closing of Strategic Financing

 

 

 

 

 

Relevant Gold Corp. (TSX-V:RGC) (OTCQB:RGCCF) is pleased to announce that the Company has closed the first tranche of its previously announced non-brokered private placement financing (see news release dated March 16, 2026), issuing 10,298,550 common shares of the Company at a price of $0.50 per Common Share for gross proceeds of $5,149,275.

 

The Offering is being conducted in multiple tranches through a concurrent nonbrokered private placement and a listed issuer financing exemption offering pursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions. All securities issued in connection with the Concurrent Private Placement are subject to a four-month Canadian restricted resale period expiring on August 8, 2026, and applicable securities legislation hold periods outside of Canada.

 

In connection with Tranche 1 of the LIFE Offering, finders’ fees were paid that consisted of cash fees in the aggregate amount of $101,200.00, representing an aggregate commission of 6% of the Common Shares sold to investors introduced by the finders and an aggregate of 202,800 broker warrants that equals up to 6% of the aggregate number of Common Shares sold to investors introduced by the finders. Each Broker Warrant entitles the holder to acquire one Common Share at a price of $0.50 until the date which is 12 months following the closing date.

 

The Company expects to complete the final closing of the Offering on or about April

10, 2026. Strategic investors Kinross Gold Corporation and Mr. William Bollinger are anticipated to participate in Tranche 2. Each is expected to maintain their approximately 19.9% interest in the Company upon closing of Tranche 2 (see news release dated March 13, 2025). The LIFE Offering portion allows existing and new investors to participate alongside these strategic investors in the Company’s next phase of exploration.

 

“We are pleased to complete Tranche 1 of the Offering with strong support from both new and existing shareholders, and we look forward to soon closing Tranche 2 of the Offering with continued participation from our strategic investors,” said Rob Bergmann, Relevant Gold CEO. “Our team is already gearing up for our forthcoming high-impact exploration program across our Wyoming portfolio.”

 

Proceeds from the Concurrent Private Placement portion of the Offering may also be used for potential property acquisitions or other strategic transactions, while proceeds from the LIFE Offering will be used for exploration, project advancement and general corporate purposes.

 

The Offering remains subject to final acceptance of the TSX Venture Exchange.

 

About Relevant Gold Corp.

 

Relevant Gold Corp. is a North American gold exploration company founded by experienced exploration geologists and operated by a highly respected team with a proven record of significant value creation for shareholders. Relevant Gold is focused on the acquisition, exploration, discovery, and development of district-scale gold projects in the State of Wyoming – one of the most mining-friendly jurisdictions in the United States and globally.

Posted April 10, 2026

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