Highway 50 Gold Completes Upsized Non-Brokered Private Placement of Units

Core Viewpoint - Highway 50 Gold Corp. has successfully completed an upsized non-brokered private placement, raising gross proceeds of $2,414,000 through the issuance of 6,035,000 units at a price of $0.40 per unit [1] Group 1: Offering Details - The Offering consists of units, each comprising one common share and one common share purchase warrant, with warrants priced at $0.50 per share for one year from the closing date [1] - The proceeds will be allocated to a drill program at the Gold Knob project and for general working capital [2] - The Offering is subject to final acceptance by the TSX Venture Exchange [2] Group 2: Securities and Fees - The securities issued are subject to a four-month hold period in accordance with securities laws [3] - The Company paid cash finder's fees and issued finder's warrants, allowing the purchase of common shares at $0.50 for one year from the closing date [3] Group 3: Company Overview - Highway 50 Gold Corp. is a mineral exploration stage company with a focus on projects in north-central Nevada, leveraging over 35 years of exploration experience [5]