Core Viewpoint - Alma Gold Inc. has increased the size of its non-brokered private placement due to strong investor demand, raising total gross proceeds from $1,200,000 to $1,475,000 [1] Group 1: Private Placement Details - The private placement has been expanded from 15,000,000 units to 18,437,500 units [1] - The first tranche of the private placement has closed, raising gross proceeds of $775,000 through the issuance of 9,687,500 units [2] - Each unit is priced at $0.08 and consists of one common share and one transferable common share purchase warrant [3] Group 2: Use of Proceeds and Insider Participation - Proceeds from the private placement will be used for general working capital and evaluation of potential strategic initiatives [4] - An insider participated in the first tranche, subscribing for 1,250,000 units, which is classified as a related party transaction [5] Group 3: Company Overview - Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia, with projects in Guinea and New Brunswick, Canada [7]