Rush Gold Announces Closing of Oversubscribed Unit Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
Rush Gold Announces Closing of
Oversubscribed Unit Private Placement
VANCOUVER, BC, September 26, 2025 – Rush Gold Corp. (“Rush” or the “Company”) (CSE:
RGN | FSE: B6H) is pleased to announce that further to its news releases of September 12, 2025
and September 22, 2025, the Company has closed the previously announced unit offering raising
a total of CAD$514,500. The Company issued 5,145,000 units (“Units”) with each Unit consisting
of one common share and one share purchase warrant, with each warrant being exercisable for
a period of 24 months at a price of $0.20 per share.
The Shares are subject to a 4-month hold period in all selling jurisdictions, starting from the date
of issue.
The Company paid cash finders fees of $18,840 being 8% of the proceeds raised from persons
introduced by the finder.
Anthony Zelen, Executive Chairman & CEO of Rush Gold Corp, commented:
"We are very pleased to have successfully closed this $500,000 financing, which strengthens our
balance sheet and positions Rush Gold for the next phase of growth. This capital will allow us to
advance our exploration initia tives and continue deliver ing value to our shareholders. We
appreciate the continued support from our investors and look forward to building on this
momentum."
Insiders participated in the Financing, which is a “related party transaction” within the meaning of
Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions
(“MI 61-101”). The Company will rely on the exemptions from the formal valuation and minority
shareholder approval requirements of MI 61-101 contained in subsections 5.5(a) and 5.7(1)(a) of
MI 61-101 in respect of any related party participation in the Offering, as n either the fair market
value of the subject matter of, nor the fair market value of the consideration for, the transaction,
insofar as it involved the related parties, exceed 25% of the Company’s market capitalization.
The Company will use the net proceeds therefrom towards general working capital and
exploration at its mineral properties in Nevada.
The securities referenced herein have not been and will not be registered under the U.S. Securities Act, or
any U.S. state securities laws, and may not be offered or sold in the "United States" (as such term is defined
in Regulation S under the U.S. Securi ties Act) unless registered under the U.S. Securities Act and
applicable U.S. state securities laws or an exemption from such registration is available. This news release
shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the
securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Rush Gold Corp.
Rush Gold is a Canadian mining exploration company focused on advancing its properties located
in the Republic Mining District, Nye County, Nevada.
To Learn More About Rush Gold Corp:
Visit website: rushgoldcorp.com/about-us
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For further information, please contact:
Anthony Zelen, Director and Chief Executive Officer
T: (778) 388 5258
https://rushgoldcorp.com
Forward-Looking Statements
The information in this news release includes certain information and statements about
management's view of future events, expectations, plans and prospects that constitute forward -
looking statements, including statements respecting: the Private Placement and expected timing
thereof and use of proceeds therefrom; the Company’s commitment to creating lasting value for
its shareholders by staying disciplined in its capital allocation, executing with purpose, and
building a strong foundation in a highly prospe ctive, world -class district ; market conditions
continuing to support growth and renewed investor confidence in the Company’s sector; and the
upsize bringing the Company closer to unlocking the full potential of its assets and delivering
meaningful returns over time. These statements are based upon assumptions that are subject to
significant risks and uncertainties. Because of these risks and uncertainties and as a result of a
variety of factors, the actual results, expectations, achievements or performance may differ
materially from those anticipated and indicated by these forward-looking statements. Any number
of factors could cause actual results to differ materially from these forward-looking statements as
well as future results. Although the Corporation believes that the expectations reflected in forward-
looking statements are reasonable, it can give no assurances that the expectations of any
forward-looking statements will prove to be correct. Except as required by law, the Corporation
disclaims any inte ntion and assumes no obligation to update or revise any forward -looking
statements to reflect actual results, whether as a result of new information, future events, changes
in assumptions, changes in factors affecting such forward-looking statements or otherwise.
The Canadian Securities Exchange has not reviewed this press release and does not accept
responsibility for the adequacy or accuracy of this news release.