E2Gold Inc. announced a private placement to issue 30,000,000 flow-through units at a price of CAD 0.02 per share for the gross proceeds of CAD 600,000 on October 4, 2023. Each unit will be comprised of one common share and one common share purchase warrant with each whole Warrant exercisable to acquire one additional common share at a price of CAD 0.05 for a period of 24 months from the date of issuance thereof and up to 50% of the offering may be purchased by insiders. The offering remains subject to various closing conditions, including the approval of the TSX Venture Exchange.