File: Attachment OTS NR-2024 03 26 Private Placement.pdf

OPTIMUS GOLD CORP.

702 889 West Pender Street Vancouver, BC V6C 3B2

March 26, 2024 Telephone: 778.300.1873 Trading Symbol: OTS.H Toll Free: 1.888.880.2288 12g3-2(b): 82-3923

PRIVATE PLACEMENT CLOSED

Optimus Gold Corp. is pleased to announce that it has closed its previously announced $500,000 private placement issuing a total of 10,000,000 units at $0.05 per unit. Each unit consists of one common share and one transferable warrant, each such warrant entitling the holder to purchase one additional share at a price of $0.055 per share for one year. 5,000,000 units were issued on a flow-through basis. The flow-through shares comprising the flow-through units and flow- through shares issuable upon exercise of the warrants comprising the flow-through units will entitle the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada). Proceeds of the financing will be used for payment of debt, working capital and for exploration and development. The terms of the financing have been accepted by the TSX Venture Exchange. The units are restricted from trading until July 27, 2024.

BY ORDER OF THE BOARD OF DIRECTORS OF OPTIMUS GOLD CORP.

PER: "John Brydle"

John Brydle, Director

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.