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AUEX.CN ·

Advanced Gold Exploration Announces Closing Private Placement - Aug 5, 2025

Financings

Press Release

August 5, 2025

Advanced Gold Exploration Announces Closing Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Toronto, Ontario, August 5, 2025, Advanced Gold Exploration Inc. (CSE: AUEX) ("AUEX" or the "Company")

is pleased to announce that, further to its press release of April 8, 2025, on June 27, 2025, the Company

closed its non-brokered private placement through the issuance of 494,670 units (each, a "Unit") at a price

of $0.05 per Unit for aggregate gross proceeds of $24,733.50 (the "Offering").

Each Unit shall be comprised of one c om m on s h a r e i n t h e c a p i t a l of t h e C om p a n y ( e a c h , a "Common

Share") and one Common Share purchase warrant (each, a " Warrant"). Each Warrant shall entitle the

holder thereof to acquire one Common Share at a price of $0.10 per Common Share for a period of three

(3) years from the date of issuance.

All securities issued pursuant to the Offering are subject to a hold period of four months plus a day from

the date of issuance and the resale rules of applicable securities legislation. The gross proceeds of the

Offering shall be used for general corporate and working capital purposes.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities

in the United States. The securities have not been and will not be registered under the United States

Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be

offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act

and applicable state securities laws or an exemption from such registration is available.

ABOUT ADVANCED GOLD EXPLORATION INC.

Advanced Gold Exploration (Formerly Advance United Holdings Inc.) is a Canadian mineral exploration

company. We’ve acquired a portfolio of undervalued gold and copper properties and are increasing their

value through the application of modern technology , new ideas and systematic exploration. We have a

growing pipeline of similar properties that we are looking to acquire. We are involved exclusively in the

acquisition and advancement of past projects – with no intent to bring them back into production or to

mine them ourselves. Our expertise is in identifying and acquiring undervalued properties with significant

historical work, which were uneconomic at the time . We believe we can enhance their economic value

at today’s prices. We fund the re -working historic data and applying modern technology to underwrite

new qualified reports, document quantifiable resources and reserves to current standards, thereby

recognizing the current value. Our purpose is to bring immediate and long-term value to our partners and

shareholders while seeking to reduce exploration risk, so that we can all advance in the shortest possible

time frame.

For additional information about us, our projects, or to find out how we can assist in the advancement of

your project contact our CEO.

Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

Contact Information

James Atkinson, M.Sc., P. Geo.,

CEO Advanced Gold Exploration Inc.

Email: [email protected]

Tel: (647) 278-7502

Forward-Looking Information and Cautionary Statements

This news release contains certain "forward- looking information" within the meaning of applicable securities law.

Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend",

"believe", "anticipate", "esti mate", "may", "will", "would", "potential", "proposed" and other similar words, or

statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward -

looking information is based on the opinions and estimates of management at the date the information is provided,

and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to

differ materially from those projected in the forward- looking information. For a description of the risks and

uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s

Discussion and Analysis. The Company undertakes no obligation to update forward- looking information if

circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned

not to place undue reliance on forward-looking information.