Canary Gold Corp. Announces Non-Brokered Private Placement
Canary Gold Corp. Announces Non - Brokered Private Placement
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Vancouver, British Columbia – September 16, 2025 – Canary Gold Corp. (CSE: BRAZ | Frankfurt:
K5D) (“ Canary Gold ” or the “ Company ”) is pleased to announce , due to strong investor interest
following the recent closing of a CAD$1,687,500 private placement (see news release dated
September 10, 2025), that it intends to undertake an additional non - brokered private
placement (the “ Offering ”) on the same terms.
The Offering will consist of up to 4,000,000 units at a price of $0.25 per unit for gross proceeds
of up to $1,000,000 . Each unit will consist of one common share and one transferable common
share purchase warrant. Each warrant will entitle the holder to purchase one additional
common share of the Company at a price of $0.35 for a period of three (3) years from the date
of issuance.
The warrants will be subject to an acceleration provision whereby if the Company’s common
shares on the CSE close at a minimum of $0.55 for ten (10) consecutive trading days, the
Company may accelerate the expiry date of the warrants to a date that is 20 days following the
issuance of a press release announcing such acceleration. The acceleration provision will
become effective four months and one day after the date of issuance of the warrants.
In connection with the Offering, the Company may pay finder’s fees of up to 7% cash and up to
7% warrants, as permitted by the policies of the CSE. The net proceeds of the Offering will be
used to advance exploration at the Company ’s Madeira River Project in Brazil and for general
working capital purposes. All securities issued under the Offering will be subject to a statutory
hold period of four months and one day from the date of issuance. The Offering remains
subject to CSE approval.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall
there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale
would be unlawful. The securities of the Company have n ot been and will not be registered
under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state
securities laws and may not be offered or sold in the “United States” or to “U.S. persons” (as
such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933
Act and applicable state securities laws, or an exemption from such registration requirements is
available.
About Canary Gold Corp.
Canary Gold Corp. is a Canadian public exploration company focused on the acquisition and
development of gold projects in Brazil. The Company holds an option to earn up to a 70%
undivided interest in the Rio Madeira Project through staged exploration expen ditures and
milestone payments.
For Further Information, Please Contact:
Canary Gold Corp.
Mark Tommasi, President
Tel: 604 - 318 - 1448
www.canarygold.ca
This news release contains forward - looking statements within the meaning of applicable securities laws that are not
historical facts. Forward - looking statements are often identified by terms such as “will”, “may”, “should”,
“anticipates”, “expects”, “belie ves”, and similar expressions or the negative of these words or other comparable
terminology. All statements, other than statements of historical fact, included in this release, including, without
limitation, statements regarding the Company’s planned expl oration programs and drill programs and potential
significance of results, are forward - looking statements that involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results and future events co uld differ materially from those
anticipated in such statements. Important factors that could cause actual results to differ materially from the
Company’s expectations include but are not limited to the risks detailed in the Company’s Prospectus and in the
continuous disclosure filings made by the Company with securities regulations from time to time. The reader is
cautioned that assumptions used in the preparation of any forward - looking information may prove to be incorrect.
Events or circumstances may cau se actual results to differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company.
The reader is cautioned not to place undue reliance on any forward - looking information. Such information, although
considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may
differ materially from those anticipated. Forward - looking statements contained in this news release are expressly
qualified by this cautionary statement. The forward - looking statements contained in this news release are made as
of the date of this news release and the Company will update or revise publicly any of the included forward - looking
statements only as expressly required by applicable law.
No securities exchange or commission has reviewed or accepts responsibility for the adequacy or accuracy of this
release.