Relevant Gold Expands Private Placement to $7 Million

Relevant Gold Corp. has announced an increase in its non-brokered private placement to 23,333,333 shares priced at $0.30 per share, raising total gross proceeds of $7,000,000. The funds will support exploration activities in Wyoming, USA, and general working capital needs.

Certain directors and officers may participate in this transaction, categorized as a "related party transaction" under MI 61-101. The transaction is exempt from some regulatory requirements due to its market capitalization impact.

The company may pay a finder's fee, and the TSX Venture Exchange must approve the financing. The private placement is set to close in late February 2025, contingent on regulatory approvals. Securities issued will have a four-month hold period.