Dynasty Gold Closes Non-brokered Private Placement
1613 - 610 Granville Street
Vancouver, BC, V6C 3T3
Tel. (604) 633-2100
Fax: (604) 484-3559
www.dynastygoldcorp.com
Press Release 22-11-03
Trading Symbols: TSX-V: DYG
FSE: D5G1
OTC: DGDCF
Dynasty Gold Closes Non-brokered Private Placement
November 25, 2022
Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FSE: D5G1) (OTC: DGDCF)
("Dynasty" or the "Company") is pleased to announce that, subject to the Exchange’s approval, it
closes a private placement of 2,429,059 units for gross proceeds of $170,034. Each unit consists of
one common share at $0.07 and one common share purc hase warrant at $0.13 for a period of two
years. The Company shall have the right to call the outstanding warrants for expiry upon 20 days
notice in the event that the closing price of the c ommon shares of the Company on the TSX-V is
above $0.23 for 7 consecutive trading days. The uni ts issued under the private placement are
subject to a four-month hold period from the date of closing.
Directors and insiders participated in this private placement. The Company is relying on
exemptions from the formal valuation and minority s hareholder approval requirements provided
under sections 5.5(a) and 5.7(1)(a) of Multilateral Instrument 61-101 on the basis that participation
in the Offering by insiders does not exceed 25% of the fair market value of the Company's market
capitalization.
The proceeds of the private placement will be used for corporate purposes.
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 curre ntly advancing its Thundercloud gold
deposit which contains 182,000 oz gold. The 43-101 Mineral Resource report and related press
release with details on the resource are available on the Company's website and were filed on
www.sedar.com . The 100% owned Golden Repeat gold project in the Midas gold camp in Elko
County, Nevada, is surrounded by a number of large- scale operating mines. In addition, Dynasty
owns a 70% interest in the Hatu Qi2 gold mine in th e Tien Shan Gold belt, Xinjiang, China, with
which it is in legal dispute with Xinjiang Non-Ferr ous Industrial Metals Group and its subsidiary
Western Region Gold Co. Ltd. For more information, please 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:
Vancouver Office :
Ivy Chong
Phone: 604.633.2100. Email: [email protected]
1613 - 610 Granville Street
Vancouver, BC, V6C 3T3
Tel. (604) 633-2100
Fax: (604) 484-3559
www.dynastygoldcorp.com
Press Release 22-11-03
Trading Symbols: TSX-V: DYG
FSE: D5G1
OTC: DGDCF
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.