VANCOUVER, BC, September 22, 2025
Rush Gold Corp. (“Rush” or the “Company”) (CSE: RGN | FSE: B6H) is pleased to announce, further to its September 12, 2025 news release announcing a non-brokered private placement (the “Private Placement”) of up to 3,500,000 units at $0.10 per unit, that, due to strong demand, it intends to offer up to 5,000,000 units at $0.10 per unit, for gross proceeds of up to $500,000. Each unit will consist of one common share and one share purchase warrant, with each warrant being exercisable for a period of 24 months at a price of $0.20 per share. The Company intends to complete the Private Placement on or around September 30, 2025 and to use the net proceeds therefrom towards general working capital and exploration at its mineral properties in Nevada.
Anthony Zelen, Executive Chairman & CEO of Rush Gold Corp, commented:
“Progressing scalable projects like Skylight and Legal Tender requires focus, resilience, and a clear long-term strategy. At Rush Gold, we’re committed to creating lasting value for our shareholders by staying disciplined in our capital allocation, executing with purpose, and building a strong foundation in a highly prospective, world-class district. With gold and silver prices at record highs, market conditions continue to support growth and renewed investor confidence in the sector. The increased financing announced today will mark a significant milestone—one that will bring us closer to unlocking the full potential of our assets and delivering meaningful returns over time.”
The securities referenced herein have not been and will not be registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the “United States” (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable U.S. state securities laws or an exemption from such registration is available. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Rush Gold Corp.
Rush Gold is a Canadian mining exploration company focused on advancing its Skylight gold property, located in the Republic Mining District, Nye County, Nevada, in the USA. Rush Gold also holds an option on the Legal Tender property, a historic silver-gold project located 62 kilometers northwest of Tonopah, Nevada.
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Forward-Looking Statements
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking statements, including statements respecting the potential for delineation of mineralized zones by surface drilling; the Company’s belief regarding the nature of the hydrothermal system at Skylight; the expected outcomes of the combined satellite and rock sample study; the anticipated release of the comprehensive review and integration of surface rock and satellite alteration targets; the Company’s plans for drill permitting; the Company’s plans for its Skylight and Legal Tender properties; the Offering and the intended use of proceeds therefrom; and the vesting terms of the stock options issuable to Momentum PR. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
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