Xali Gold closes Non-Brokered Private Placement

VANCOUVER, British Columbia, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold” or the “Company”) is pleased to announce that it has completed the second tranche of its previously announced non-brokered private placement (the “Private Placement”), as described in its news releases dated October 19, 2021 and November 13, 2021, pursuant to which it has issued 3,383,333 units (the “Units”) at a price of $0.06 per Unit for aggregate gross proceeds of $203,000.   The Company has raised total aggregate proceeds of $422,900 and issued a total of 7,048,333 Units from the closings of the first and second tranches of the Private Placement.

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