E2Gold Inc. announced a private placement of up to 3,333,333 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 100,000 on September 6, 2023. Each unit consists of one common share and one common share purchase warrant. Each warrant shall be exercisable to acquire one common share at a price of CAD 0.06 per warrant for a period of 2 years following the closing date.

The company will issue securities pursuant to exemption provided under Regulation D.