Breaking News: Independence Gold Successfully Closes $2.0M Non-Brokered Private Placement!

Vancouver, British Columbia – December 19, 2024

Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the “Company”) is pleased to announce that it has closed the non-brokered private placement announced on December 12, 2024 (the “Offering”).

The Company issued 6,666,633 flow-through common shares (“FT Shares”) at a price of $0.30 per FT Share for total proceeds of $1,999,989.90.

This successful closing of the private placement marks a significant milestone for Independence Gold Corp. as it provides the company with additional capital to further develop its projects and explore new opportunities in the mining sector. The $2.0M raised from the Offering will be instrumental in funding exploration activities, conducting drilling programs, and advancing the company’s mineral properties.

Independence Gold Corp. is committed to creating long-term shareholder value and enhancing its position in the market. The company’s strategic focus on resource expansion and project development aligns with its goal of maximizing returns for investors while maintaining sustainable and responsible mining practices.

With the closing of the non-brokered private placement, Independence Gold Corp. is well-positioned to capitalize on the growing demand for precious metals and minerals worldwide. The company’s innovative approach to exploration and development underscores its commitment to driving growth and creating value for stakeholders.

Overall, the successful completion of the $2.0M private placement demonstrates investor confidence in Independence Gold Corp.’s business model and growth prospects. The company’s ability to secure funding and execute its strategic objectives reinforces its position as a leading player in the mining industry.

How this will affect me?

As an investor, the successful closing of Independence Gold’s non-brokered private placement signifies a positive development in the company’s financial outlook. The additional capital raised through the Offering will enable Independence Gold to pursue its exploration and development activities, potentially leading to future growth and increased value for its shareholders.

How this will affect the world?

The $2.0M non-brokered private placement by Independence Gold Corp. has the potential to impact the mining industry as a whole by fueling exploration and development efforts in the search for valuable minerals and resources. The company’s commitment to responsible mining practices and sustainable resource management aligns with global initiatives aimed at promoting environmental stewardship and ethical mining practices.

Conclusion:

In conclusion, Independence Gold’s successful closure of the $2.0M non-brokered private placement underscores the company’s resilience and growth trajectory in the mining sector. The influx of capital will support Independence Gold’s strategic initiatives and drive value creation for shareholders, while also contributing to the broader advancement of responsible and sustainable mining practices on a global scale.