Vancouver, British Columbia–(Newsfile Corp. – July 30, 2025) – Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (“Cassiar Gold” or the “Company“) is pleased to announce the closing of its previously announced “best efforts” private placement (the “Offering“) for aggregate gross proceeds of C$5,999,788.28, which includes the exercise of the agent’s option. Pursuant to the Offering, the Company sold (i) 1,230,298 flow-through units (each, a “Regular FT Unit“) and 12,567,100 flow-though units sold to charitable purchasers (each, a “Charity FT Unit“, and together with the Regular FT Units, the “FT Units“) at a price of C$0.36 per FT Unit for gross proceeds of C$4,967,063.28 from the sale of FT Units, and (ii) 4,130,900 units of the Company (each a, “Unit“, and together with the FT Units, the “Offered Securities“) at a price of C$0.25 per Unit for gross proceeds of C$1,032,725 from the sale of Units. Red Cloud Securities Inc. (“Red Cloud“) acted as sole agent and bookrunner in connection with the Offering.
