On Tuesday 04 07, 2026 at 6:40PM ET Relevant Gold Announces Initial Closing of Strategic Financing
On Tuesday 04 07, 2026 at 6:40PM ET
Relevant Gold Announces Initial Closing of Strategic
Financing
Not for dissemination in or into the United States or through U.S. newswires
All dollars are Canadian unless otherwise noted
VANCOUVER, BC / ACCESS Newswire / April 7, 2026 / Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) (the
"Company" or "Relevant Gold") is pleased to announce that the Company has closed the first tranche ("Tranche 1") of its
previously announced non-brokered private placement financing (the "Offering") (see news release dated March 16, 2026),
issuing 10,298,550 common shares ("Common Shares") of the Company at a price of $0.50 per Common Share for gross
proceeds of $5,149,275.
The Offering is being conducted in multiple tranches through a concurrent non-brokered private placement ("Concurrent
Private Placement") and a listed issuer financing exemption offering (the "LIFE Offering") pursuant to Part 5A of National
Instrument 45-106 - Prospectus Exemptions. All securities issued in connection with the Concurrent Private Placement are
subject to a four-month Canadian restricted resale period expiring on August 8, 2026, and applicable securities legislation hold
periods outside of Canada.
In connection with Tranche 1 of the LIFE Offering, finders' fees were paid that consisted of cash fees in the aggregate amount of
$101,200.00, representing an aggregate commission of 6% of the Common Shares sold to investors introduced by the finders and
an aggregate of 202,800 broker warrants (the "Broker Warrants") that equals up to 6% of the aggregate number of Common
Shares sold to investors introduced by the finders. Each Broker Warrant entitles the holder to acquire one Common Share at a
price of $0.50 until the date which is 12 months following the closing date.
The Company expects to complete the final closing of the Offering on or about April 10, 2026 ("Tranche 2"). Strategic investors
Kinross Gold Corporation and Mr. William Bollinger are anticipated to participate in Tranche 2. Each is expected to maintain
their approximately 19.9% interest in the Company upon closing of Tranche 2 (see news release dated March 13, 2025). The
LIFE Offering portion allows existing and new investors to participate alongside these strategic investors in the Company's next
phase of exploration.
"We are pleased to complete Tranche 1 of the Offering with strong support from both new and existing shareholders, and we look
forward to soon closing Tranche 2 of the Offering with continued participation from our strategic investors," said Rob Bergmann,
Relevant Gold CEO. "Our team is already gearing up for our forthcoming high-impact exploration program across our Wyoming
portfolio."
Proceeds from the Concurrent Private Placement portion of the Offering may also be used for potential property acquisitions or
other strategic transactions, while proceeds from the LIFE Offering will be used for exploration, project advancement and general
corporate purposes.
The Offering remains subject to final acceptance of the TSX Venture Exchange.
About Relevant Gold Corp.
Relevant Gold Corp. is a North American gold exploration company founded by experienced exploration geologists and operated
by a highly respected team with a proven record of significant value creation for shareholders. Relevant Gold is focused on the
acquisition, exploration, discovery, and development of district-scale gold projects in the State of Wyoming - one of the most
mining-friendly jurisdictions in the United States and globally.
On behalf of Relevant Gold Corp.,
Rob Bergmann, Chief Executive Officer
More information
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or
accuracy of this release.
For further information about Relevant Gold Corp. or this news release, please visit our website at www.relevantgoldcorp.com or
contact Rob Bergmann, President and CEO, or Kristopher Jensen, Manager of Investor Relations, at 651-253-2659 or by email at
Cautionary Note Regarding Forward-Looking Statements and Historical Information
This news release contains certain statements that constitute forward-looking information within the meaning of applicable
securities laws. These statements relate to future events of Relevant Gold Corp. ("Relevant" or "Relevant Gold" or "the
Company"). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans,
projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as
"seek", "anticipate", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential",
"targeting", "intend", "could", "might", "should", "believe", "outlook" and similar expressions) are not statements of historical
fact and may be forward looking information. Forward-looking information involves known and unknown risks, uncertainties,
and other factors which may cause the actual results, performance or achievements of the Company to be materially different
from any future results, performance, or achievements expressed or implied by the forward-looking information. Such risks
include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the
Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the
possibility that the Company's estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of
labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks
related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community
support of the company's projects; risks related to global pandemics and other risks related to the mining industry. The Company
believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that
these expectations will prove to be correct, and such forward ‐ looking information should not be unduly relied upon. These
statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to
update any forward ‐ looking information except as required by law. This document does not constitute an offer to sell, or a
solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to
sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation
between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the
prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into
by the Company and prospective investors.
The scientific and technical contents of this release have been approved by Mr. Brian C. Lentz, CPG #11999, Chief Exploration
Officer of the Company, who is a "Qualified Person" as defined by Canadian National Instrument 43-101 (Standards of
Disclosure for Mineral Projects). Mr. Lentz is not independent of the Company.
SOURCE: Relevant Gold Corp.