Mr. Bradley Newell, investor, reports
EARLY WARNING REPORT IN ACCORDANCE WITH MULTILATERAL INSTRUMENT 62-104 & NATIONAL INSTRUMENT 62-103
On July 13, 2020, Bradley Newell of Vancouver, B.C., acquired ownership of 1,333,333 common shares and 1,333,333 warrants of Advance Gold Corp. as a result of participating in a private placement financing. Following this acquisition, Mr. Newell owns, directly and indirectly 7,690,305 common shares in the capital of the issuer, representing approximately 17.2 per cent of the issuer's issued common shares. The shares were issued pursuant to Mr. Newell's participation in a private placement financing priced at 7.5 cents per unit, with each unit comprising one common share and one common share purchase warrant, with each warrant being exercisable at 10 cents for 24 months, and were acquired for investment purposes, which investment in the issuer will be evaluated and increased or decreased from time to time, at Mr. Newell's discretion.
A report respecting this acquisition will be electronically filed with the securities commissions in British Columbia and Alberta, and will be available for viewing on SEDAR.
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