Advance Gold Corp. (TSXV:AAX) announced a non-brokered private placement of 3,000,000 units at a price of CAD 0.06 per unit for gross proceeds of CAD 180,000 on January 19, 2018. Each unit shall be comprised of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at a price of CAD 0.08 per share at any time within 24 months of the date of issuance. All securities to be issued in the transaction will be subject to a four month resale restriction. The company intends to close the transaction immediately following the satisfaction of customary closing conditions, including receipt of all regulatory approvals. The transaction is subject to the approval of the TSX Venture Exchange.