Relevant Gold Closes Non-Brokered Private Placement

Relevant Gold Corp. (TSXV:RGC) (OTCQB:RGCCF) has successfully closed the first tranche of its non-brokered private placement. The company raised $1,445,325 by issuing 5,781,300 Units at $0.25 per unit. Each Unit includes one common share and a half-share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.35 within 24 months.

The funds will support exploration in Wyoming and general working capital. A second tranche is anticipated to close in early July 2024.

Finder's fees totaling $43,041.25 and 172,165 finder's warrants were issued. All securities are subject to a holding period until October 27, 2024. Company directors and management participated, purchasing 552,800 Units, constituting a "related party transaction" under MI 61-101, exempt from formal valuation and minority shareholder approval.

The securities are not available for sale in the United States or through U.S. newswires.