Dynasty Gold Announces Non-brokered Private Placement Up to $2,800,000
1613 - 610 Granville Street
Vancouver, BC, V6C 3T3
Tel. (604) 633-2100
Fax: (604) 484-3559
www.dynastygoldcorp.com
Press Release 23-03-02
Trading Symbols: TSX-V: DYG
FSE: D5G1
OTC: DGDCF
Dynasty Gold Announces Non-brokered Private Placement Up to $2,800,000
March 30, 2023
Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FSE: D5G1) (OTC: DGDCF)
("Dynasty" or the "Company") is pleased to announce that it plans to complete a non-brokered
private placement of up to $2,800,000 in combinatio n of non flow-through and charity flow-
through funds. Each unit of charity flow-through s hare consists of one common share at $0.30 and
one non flow-through common share purchase warrant at $0.27 for a period of two years. Each of
the non flow-through Unit consists of one common sh are at $0.21 and one common share purchase
warrant at $0.27 for a period of two years. The fin ancing is subject to TSX Venture Exchange’s
approval. The units issued under the private placem ent are subject to a four-month hold period
from the date of closing.
The proceeds of the private placement will be used for Thundercloud core drilling program to
extend the known mineralized HIGH-grade zone that w as discovered in the fall of 2022 drill
program, and general working capital.
Mr. Rob McEwen has agreed to subscribe for up to $1 ,200,000 from an entity controlled by Mr.
McEwen. Mr. McEwen is the Chairman and Chief Owner of McEwen Mining Inc., and is the
founder and former Chairman and CEO of Goldcorp Inc .. Goldcorp was acquired by Newmont
Mining in 2019 for US$10 billion.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian exploration compan y currently focused on gold exploration in North
America with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and in the Midas gold
camp in Nevada. The Company is currently advancing its Thundercloud gold deposit which contains an
inferred resource of 182,000 ounces gold at 1.37 g/ t (NI 43-101 Independent Technical Report, Septembe r
27, 2021). The report and the press release with de tails on the resource can also be found on the Comp any's
and SEDAR websites. The 100% owned Golden Repeat go ld project in the Midas gold camp in Elko
County, Nevada, is surrounded by a number of large- scale operating mines. For more information, pleas e
visit the Company’s website www.dynastygoldcorp.com .
ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.
“Ivy Chong”
_________________________________
Ivy Chong, President & CEO
For additional information please contact:
Ivy Chong, Dynasty Gold Corp
Phone: 604.633.2100. Email: [email protected]
This press release contains certain "forward-lookin g statements" that involve a number of risks and un certainties. There can be no
assurance that such statements will prove to be acc urate and actual results and future events could di ffer materially from those
anticipated in such statements. The TSX Venture Exc hange has not reviewed and does not accept responsi bility for the adequacy or
accuracy of this release.