Relevant Gold Corp announced a non-brokered private placement of 10,000,000 units at the price of CAD 0.25 per Unit for a gross proceeds CAD 2,500,000 on May 2, 2024. Each Unit consists of one common share of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company at a price of CAD 0.35 per share for a period of 24 months from the date of issue.

Certain directors and officers of the Company may acquire securities under the private placement. The Company may pay a finder's fee in connection with the private placement and this financing is subject to the approval of the TSX Venture Exchange. All securities to be issued in the Private Placement will be subject to a four (4) month hold period from the closing date under applicable securities laws in Canada and amongst other things, receipt by Relevant Gold of all necessary regulatory approvals, including Exchange approval.

The Company anticipates closing of the private placement in late May, subject to receipt of all necessary regulatory approvals