White Gold Corp. Announces $20 Million Private Placement

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TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company” or “White Gold”) is pleased to announce it has entered into an agreement with Clarus Securities Inc. (“Clarus” or the “Lead Agent”) who will act on behalf of the Company, together with a syndicate of agents (collectively, with the Lead Agent, the “Agents”), on a “best efforts” agency basis, in connection with a brokered private placement (the “Offering”) of premium flow-through units (each a “Premium Flow-Through Unit”), at a price of $1.17 per Premium Flow-Through Unit, flow-through common shares (each a “Flow-Through Share”), at a price of $1.00 per Flow-Through Share, and units of the Company (each a “Unit”, and together with the Premium Flow-Through Units and the Flow-Through Shares, the “Offered Securities”) at a price of $0.85 per Unit. Each Unit shall consist of one common share in the capital of the Company (each a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder thereof to purchase one Common Share at a price of $1.15 for a period of 24 months following the closing date of the Offering. Each Premium Flow-Through Unit shall consist of one Flow-Through Share and one-half of one Warrant. The Flow-Through Shares to be issued pursuant to the Offering will be issued as “flow-through shares” with respect to “Canadian exploration expenses” within the meaning of the Income Tax Act (Canada). The Agents will have an option (the “Agent’s Option”), exercisable in whole or in part up to 48 hours prior to the Closing Date (as defined herein), to offer for sale up to any combination of additional Offered Securities (at the respective offering prices) to raise up to an additional $3,000,000 in gross proceeds.

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