Advanced Gold Exploration Inc. announced a non-brokered private placement of up to 16,666,666 flow-through units at a price of CAD 0.03 per FT unit for aggregate gross proceeds of up to CAD 499,999.98 on November 27, 2023. Each FT unit shall be comprised of one common share, issued on a flow-through basis and one common share purchase warrant, issued on a non-flow-through basis. Each FT warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.05 per common share for a period of 2 years from the date of issuance.

The company may pay finder?s fees in accordance with the rules and policies of the Canadian Securities Exchange. All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange.