Mr. Charles Ross reports

FOUR NINES GOLD CLOSES PRIVATE PLACEMENT

Four Nines Gold Inc. has closed a non-brokered private placement previously announced Dec. 8, 2023.

The company has issued 241,857 units of the company at a price of 35 cents per unit for aggregate gross proceeds of $84,650. Each unit is composed of one common share and one-half common share purchase warrant, with each whole warrant exercisable at 70 cents for a period of one year from the date of issuance, subject to an accelerated expiry should the common shares of the company close at or above $1 on the Canadian Securities Exchange for 10 consecutive trading days. The proceeds of the offering are anticipated to be used for the exploration of the Hayden Hill gold and silver deposit and general corporate expenses. The securities issued will be subject to a hold period of four months and one day from the closing of the offering. No finders' fees are payable in connection with the private placement.

Three insiders of the company subscribed for an aggregate of 134,000 units. Such participation is considered to be a related party transaction as this term is defined in Multilateral Instrument 61-101, Protection of Minority Securityholders in Special Transactions. The company is relying on the exemption from valuation requirement and minority approval pursuant to Subsection 5.5(a) and 5.7(a) of MI 61-101, respectively, for the insider participation in the offering, as the securities do not represent more than 25 per cent of the company's market capitalization, as determined in accordance with MI 61-101.

We seek Safe Harbor.