Japan Gold Upsizes Private Placement

Japan Gold Upsizes Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Japan Gold Corp. (TSXV: JG,OTC:JGLDF) ("Japan Gold" or the "Company") is pleased to announce that, in connection with its previously announced non-brokered private placement financing (the "Offering") (see news release dated August 7, 2025), it has increased the size of the Offering from US$1.0 million to approximately C$2,050,000. The common shares will be issued at a price of C$0.08 per common share.

The net proceeds from the Offering will be used for general and administrative expenses for the Company and its Japan-based subsidiary.

The Offering remains subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the Offering will be subject to a statutory four-month and one-day hold period from the date of issuance.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent United States registration or an applicable exemption from United States registration requirements.

About Japan Gold Corp.

Japan Gold Corp. is a Canadian mineral company focused on the exploration and discovery of high-grade epithermal gold deposits across the main islands of Japan. The Company holds a significant portfolio of tenements covering areas with known gold occurrences, history of mining and prospective for high-grade epithermal gold mineralization in one of the most stable and under explored countries in the world. The Japan Gold leadership and operational team of geologists, drillers and technical advisors have extensive experience exploring and operating in Japan and have a track record of discoveries world-wide. Japan Gold has an alliance with Barrick Mining Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects with the potential to host Tier 1 or Tier 2 gold ore bodies in Japan. Significant shareholders include Equinox Partners Investment Management LLC and Newmont Corporation.

On behalf of the Board of Japan Gold Corp.
John Proust
Chairman & CEO

For further information, please contact:
Alexia Helgason
Vice President, Corporate Communications
Phone: +1(604) 417-1265
Email: ahelgason@japangold.com

Cautionary Note

Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements relating to expected or anticipated future events, including, but not limited to, statements regarding: the expected use of the proceeds of the Offering, the closing of the Offering and the timing thereof, and receipt of regulatory approval. Forward-looking statements reflect material expectations and assumptions, including, without limitation, expectations and assumptions relating to: Japan Gold's ability to receive sufficient financing on acceptable terms or at all for its exploration and mining activities; the future price of metals; and the stability of the financial and capital markets. These statements are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, including, but not limited to, those discussed and identified in public filings made by Japan Gold with the applicable Canadian securities regulatory authorities and the following: the timing and granting of prospecting rights; Japan Golds's ability to convert prospecting rights into digging rights within the timeframe prescribed by the Mining Act (Japan); general economic, market and business conditions; competition for qualified staff; the regulatory process and actions; technical issues; new legislation; potential delays or changes in plans; working in a new political jurisdiction; results of exploration; Japan Gold's ability to execute and implement future plans, arrange or conclude a joint venture or partnership; and the occurrence of unexpected events. Actual results achieved may differ from the information provided herein and, consequently, readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this news release. Japan Gold disclaims any intention or obligation to update or revise forward-looking information or to explain any material difference between such and subsequent actual events, except as required by applicable laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262476

News Provided by Newsfile via QuoteMedia

JG:CA
The Conversation (0)
Japan Gold

Japan Gold

First-Mover Gold Exploration in Japan

First-Mover Gold Exploration in Japan Keep Reading...
Menzies Mineral Resource increases 22% to 0.7Moz @ 1.5g/t

Menzies Mineral Resource increases 22% to 0.7Moz @ 1.5g/t

Brightstar Resources (BTR:AU) has announced Menzies Mineral Resource increases 22% to 0.7Moz @ 1.5g/tDownload the PDF here. Keep Reading...
Aurum Returns High Grade Gold Intercepts at Tchaga, Napié Gold Project, Côte d’Ivoire

Aurum Returns High Grade Gold Intercepts at Tchaga, Napié Gold Project, Côte d’Ivoire

Aurum Resources (ASX: AUE, “Aurum” or “the Company”) is pleased to announce encouraging, broad gold intercepts from its ongoing 30,000m drilling program at the 0.87Moz Napié Gold Project1 in Côte d'Ivoire. The drill program is designed to grow Mineral Resources at Napié and has successfully... Keep Reading...
Gerard Bond, gold bars.

Gold Moving "Relentlessly Up," Generalist Rotation Starting — OceanaGold's Gerard Bond

Gerard Bond, president and CEO of OceanaGold (TSX:OGC,OTCQX:OCANF), shares recent company highlights and discusses gold's strong 2025 performance. In his view, the yellow metal's key drivers are de-dollarization, stagflation concerns, central bank buying and geopolitical uncertainty, all of... Keep Reading...
Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Price Soars Above US$4,200 as Fed Cuts Rates, Silver Hits New High

The US Federal Reserve held its last meeting of 2025 from Tuesday (December 9) to Wednesday (December 10) amid growing division between doves and hawks as labor market and inflation concerns rise. The central bank met analysts’ expectations by lowering the federal funds rate by 25 basis points... Keep Reading...
Elevated view of gold mine processing plant.

Mines and Mills: An Investment Case for the Abitibi Gold Belt

The Abitibi Gold Belt has played a key role in Canada's rich mining heritage and continues to be a powerhouse in global gold production. Stretching from Wawa, Ontario to Val-d'Or, Québec, this geological marvel has been the cornerstone of Canadian gold mining for over a century.Since its... Keep Reading...
First Class Metals PLC

Progress Update on Drilling at the North Hemlo Property

First Class Metals PLC ("First Class Metals", "FCM" or the "Company") the UK listed company focused on the discovery of economic metal deposits across its exploration properties in Ontario, Canada, is pleased to announce that the drilling on the North Hemlo property, whilst currently paused,... Keep Reading...

Latest Press Releases

Related News