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Relevant Gold Announces Non-Brokered $5M Private Placement Led By Strategic Investors Kinross and Bollinger

1. Kinross Gold increases stake in Relevant Gold to 19.9%. 2. Relevant Gold aims to raise $5 million through new private placement.

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FAQ

Why Bullish?

Kinross's larger stake in Relevant Gold suggests confidence, potentially driving KGC's price up.

How important is it?

Kinross's increased investment can signify growth potential, affecting its market perception positively.

Why Short Term?

Immediate market reactions expected as investors assess Kinross's strategy in relevant investments.

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RGCKGC
Not for dissemination in or into the United States or through U.S. newswires All dollars are Canadian unless otherwise noted VANCOUVER, BC / ACCESS Newswire / February 11, 2025 / Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) (the "Company" or "Relevant Gold") is pleased to announce a non-brokered private placement to raise gross proceeds of up to $5,000,000 through the sale of up to 16,666,667 shares at the price of $0.30 per share led by two strategic investors. Kinross Gold Corporation ("Kinross") (NYSE:KGC)(TSX:K) has committed to increase its equity position in the Company to 19.9% of the issued and outstanding common shares with this financing.

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