Desert Gold Upsizes Fully Subscribed LIFE Offering to C$7,230,000

Core Viewpoint - Desert Gold Ventures Inc. has increased its non-brokered private placement offering due to strong investor demand, raising the total gross proceeds from C$5,000,000 to C$7,230,000 [1][2]. Group 1: Offering Details - The offering will now consist of up to 90,375,000 Offered Units, each comprising one Common Share and one-half of a Warrant, with the Warrant allowing the purchase of one Common Share at C$0.12 within 24 months after the closing date [2]. - The closing of the offering is expected on February 9, 2026, subject to necessary approvals, including from the TSX Venture Exchange [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to the first phase of the gravity plant at the Barani East gold oxide project in West Mali, resource expansion and exploration drilling at the SMSZ Project in Western Mali, exploration drilling at the Tiegba Gold Project in Cote d'Ivoire, and general working capital [3]. Group 3: Regulatory Compliance - The Offered Units will be available for sale to purchasers in all Canadian provinces except Québec, under the Listed Issuer Financing Exemption, and will also be offered in the United States and other jurisdictions in compliance with applicable laws [4]. Group 4: Finder's Fees - The company may pay finders a cash commission of up to 7.0% of the gross proceeds from subscribers they introduce, along with finders warrants equal to 7.0% of the Offered Units introduced [6]. Group 5: Company Overview - Desert Gold Ventures is a gold exploration company with properties in Mali and Cote d'Ivoire, including the 440 km² SMSZ Project in Western Mali and the 297 km² Tiegba Gold Project in Cote d'Ivoire [8].