Lode Gold Resources Inc. announced a non-brokered private placement of 28,571,429 hard-dollar units at a price of CAD 0.035 per unit for the gross proceeds of up to CAD 1,000,000.015; and 25,000,000 flow-through units at a price of CAD 0.04 per unit for the gross proceeds of up to CAD 1,000,000; for aggregate gross proceeds of CAD 2,000,000.015 on May 31, 2024. Each hard-dollar unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.05 for a period of two years following the date of closing.

Each flow-through unit consists of one common share and one half of one common share purchase warrant. One whole warrant entitles the holder to purchase one additional common share at CAD 0.06 for a period of two years following the date of closing. The company will pay finders' fees to eligible arm?s length persons with respect to subscriptions accepted by the company.