Mr. Charles Ross reports
FOUR NINES GOLD ANNOUNCES EXTENSION OF $3 MILLION NON-BROKERED PRIVATE PLACEMENT
Four Nines Gold Inc., further to the company's news releases dated Feb. 24, 2026, and March 23, 2026, has extended the closing of its previously announced non-brokered private placement of units of the company to raise gross proceeds of $3-million, with a 20-per-cent overallotment, for total gross
proceeds of up to $3.6-million, until April 17, 2026.
The private placement consists of units priced at 20 cents per unit, with each unit consisting of one common share
in the capital of the company and one-half of one transferable share purchase warrant, with each warrant exercisable into one share at a price of 35
cents per warrant share for a period of two years from the issuance date. The warrants will be subject to an
acceleration right in favour of the company, whereby, in the event that the company's shares trade at a price on the
Canadian Securities Exchange (or such other exchange on which the shares may be traded at such time) of 50 cents or greater per share for a
period of 10 consecutive trading days after four months and one day from the closing of the private placement, the
company may accelerate the expiry of the warrants by giving notice to the holders thereof (by public news release
and e-mail to registered holders advising of the acceleration of the expiry date of the warrants) and, in such case, the
warrants will expire on the 10th business day after the date of such notice. All securities issued pursuant to the
private placement will be subject to applicable resale restrictions, including hold of four months and one day from
the date of issuance.
The gross proceeds from the sale of the units will be used for general working capital purposes, as well as mineral
exploration and advancement of the company's Hayden Hill gold-silver project. To date, the company has closed
$760,000 of the private placement in its first tranche on March 23, 2026.
The private placement is subject to certain conditions, including, but not limited to, receipt of all required approvals.
Finders' fees may be payable in connection with the private placement.
About Four Nines Gold Inc.
Four Nines Gold has a world-class exploration team and the right to acquire 100 per cent of the Hayden Hill mine from
a Kinross Gold U.S.A. Inc. subsidiary. The company is exploring and developing a project in mining-friendly northern
California. Hayden Hill is a former-producing gold mine that was explored through 99,862 metres of drilling in 742
holes and for which there has been no systematic exploration since the mine closed in 1997. The Hayden Hill project
is located on private land and drill permits for the initial exploration program has been received from Lassen county.
The Four Nines exploration team's objective is to expand the zones of known higher-grade mineralization, both
vertically and horizontally.
We seek Safe Harbor.
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