Independence Gold Corp. announced private placement of 4,000,000 flow-through common shares at an issue price of CAD 0.25 per share for gross proceeds of CAD 1,000,000 on December 19, 2023. The transaction is expected to close on December 31, 2023.

The transaction is subject to receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange. The securities issued will be subject to a four month hold period.