Athena Gold

Athena Gold Extends Closing of Private Placement

Athena Gold Corporation (CSE:ATHA) (OTCQB:AHNRF) ("Athena Gold" or the "Company") ") announces that further to its news release of April 21, 2025, the Company has received approval from the Canadian Securities Exchange to extend closing of its $0.05 non-flow-through unit private placement for gross proceeds of up to $200,000 (the "NFT Offering") to July 5, 2025. There are no changes to the terms of the NFT Offering in connection with the extension. Further details regarding the NFT Offering can be found in the Company's news release dated April 21, 2025, which is available under the Company's SEDAR+ profile at www.sedarplus.ca.

About Athena Gold Corporation

Athena Gold is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct additional exploration drilling and studies on its projects across North America. Athena Gold's Laird Lake project is situated in the Red Lake Gold District of Ontario, covering over 4,000 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au. This underexplored area is road-accessible, located about 10 km west of West Red Lake Gold's Madsen mine and 34 km northwest of Kinross Gold's Great Bear project. Meanwhile, its Excelsior Springs Au-Ag project is located in the prolific Walker Lane Trend in Nevada. Excelsior Springs spans over 1,500 hectares and covers at least three historic mines along the Palmetto Mountain trend, where the Company is following up on a recent shallow oxide gold discovery, with drill results including 5.35 g/t Au over 33.5 m.

For further information about Athena Gold Corporation and our Excelsior Springs Gold project, please visit www.athenagoldcorp.com.

On Behalf of the Board of Directors

Koby Kushner

President and Chief Executive Officer, Athena Gold Corporation

For further information, please contact:

Athena Gold Corporation

Koby Kushner, President and Chief Executive Officer

Phone: 416-846-6164

Email: kobykushner@athenagoldcorp.com

CHF Capital Markets

Cathy Hume, CEO

Phone: 416-868-1079 x 251

Email: cathy@chfir.com

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US. securities laws. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future exploration plans, future results from exploration, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects", "anticipates", "intends", "estimates", ''plans", "may", "should", ''potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of the Company's projects in a timely manner.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various risk factors as disclosed in the final long form prospectus of the Company dated August 31, 2021.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this press release or incorporated by reference herein, except as otherwise stated.

Source

Click here to connect with Athena Gold Corporation (CSE:ATHA) (OTCQB:AHNRF) to receive an Investor Presentation

ATHA:CC
Athena Gold

Athena Gold Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Athena Gold (CSE:ATHA)

Athena Gold


Keep reading...Show less

High-grade gold exploration in Ontario and Nevada

Athena Gold Corporation Announces Increase in Private Placement and Closes Second Tranche

Athena Gold Corporation Announces Increase in Private Placement and Closes Second Tranche

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNR) ("Athena" or the "Company") is pleased to announce that due to strong demand, the Company has increased the size of the non-brokered private placement previously announced on October 3, 2024, from CDN $1,000,000 to up to CDN $1,250,000 (the "Offering"). The Offering, as amended, will now consist of up to 25,000,000 units (the "Units") (increased from 20,000,000 Units) at a price of CDN $0.05 per Unit. All other terms of the Offering remain unchanged

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Jeff Rhodes: Gold, Silver Price Calls for 2025, Top Drivers to Watch

Jeff Rhodes: Gold, Silver Price Calls for 2025, Top Drivers to Watch

Jeff Rhodes of Goldstrom Advisory shares his analysis of the gold price and key drivers, plus his precious metals investment strategy.

"Play from the long side. Be prepared to take profits when it looks good, but generally adopt an approach to buy into dips," he said. "Always buy. Don't try to play the markets, just buy on a regular basis."

Keep reading...Show less
Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Retreats, Equities Down as Fed Leaves Rates Unchanged​

The US Federal Reserve held its fifth meeting of 2025 from Tuesday (July 29) to Wednesday (July 30) against a backdrop of trade tensions, spurred on by the Trump administration's tariffs.

The central bank met analysts’ expectations by holding its benchmark rate in the 4.25 to 4.5 percent range.

Chair Jerome Powell stated that although there were differences of opinion among the Federal Open Markets Committee members, they were clear on why they made their decisions, noting that inflation was tracking higher, but the job market remained stable.

Keep reading...Show less
magnifying glass with gold detail above a check mark.

Capricorn Metals' Karlawinda Expansion Gets Thumbs Up

The Karlawinda gold project by Capricorn Metals (ASX:CMM,OTC Pink:CRNLF) is now clear to commence all expanded mining activities.

In a Tuesday (July 29) release, Capricorn said that its mining proposal and mine closure plan for the project has been approved by Western Australia’s Department of Energy, Mines, Industry Regulation and Safety (DEMIRS).

Karlawinda’s expansion was first revealed by the company last January, following its announcement of its acquisition of the Deadman Flat project in Pilbara.

According to Capricorn, Deadman Flat’s tenements cover approximately 270 square kilometres contiguous to its Karlawinda gold project, allowing for the expansion.

Keep reading...Show less
Piche Resources

Piche Resources


Keep reading...Show less
Athena Gold

Athena Gold Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×