Highway 50 Gold Upsizes Non-Brokered Private Placement of Units

Core Viewpoint - Highway 50 Gold Corp. has increased the size of its non-brokered private placement to raise gross proceeds of up to $2,100,000 through the issuance of up to 5,250,000 units at a price of $0.40 per unit [1] Group 1: Offering Details - The Offering will consist of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.50 for one year from the closing date [1] - The proceeds from the Offering will be allocated to a drill program at the Gold Knob project and for general working capital purposes [2] - The Offering is subject to acceptance by the Exchange [2] Group 2: Securities and Fees - Securities issued in the Offering will be subject to a four-month hold period in accordance with applicable securities laws [3] - Finder's fees of 6% may be paid to arm's length finders in cash and/or finder's warrants on some or all proceeds raised [3] Group 3: Company Background - Highway 50 Gold Corp. is a mineral exploration stage company with a focus on projects in north-central Nevada, leveraging over 35 years of experience in the region [5]