1911 Gold Announces C$13 Million “Best Efforts” Life Offering and Private Placement

VANCOUVER, British Columbia, Sept. 19, 2025 (GLOBE NEWSWIRE) -- 1911 Gold Corporation (“1911 Gold” or the “Company”) (TSXV: AUMB; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents (together with Haywood, the “Agents”), pursuant to which the Agents have agreed to sell, on a "best efforts" private placement basis, any combination of: common shares of the Company (the “LIFE Non-FT Shares”) at a price per LIFE Non-FT Share of C$0.45 (the “Non-FT Issue Price”); (ii) common shares which qualify as “flow-through shares” (within the meaning of the Tax Act) and qualify as “Canadian exploration expenses” as defined in the Tax Act (the “CEE Offered Shares”) at a price of C$0.64 per CEE Offered Share (the “CEE Issue Price”); and (iii) common shares which qualify as “flow-through shares” (within the meaning of the Tax Act) and qualify as “accelerated Canadian development expenses” as defined in the Tax Act (the “CDE Offered Shares”) at a price of C$0.554 per CDE Offered Share (the “CDE Issue Price”) for aggregate gross proceeds to the Company of up to C$10,238,000 (the “LIFE Offering”).