GoGold Announces Closing of C$86 Million Bought Deal Financing

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[{"type":"text","content":"GoGold Announces Closing of C$86 Million Bought Deal FinancingHalifax, Nova Scotia--(Newsfile Corp. - April 4, 2025) - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (\"GoGold\", \"the Company\") is pleased to announce that has closed its previously announced bought deal offering (the \"Offering\") of 47,391,500 common shares (the \"Common Shares\") at a price of C$1.82 per Common Share, for aggregate gross proceeds of C$86,252,530, including proceeds from the full exercise of the over-allotment option to purchase an additional 6,181,500 Common Shares. BMO Capital Markets and Stifel Nicolaus Canada Inc. were the joint bookrunners for the Offering, on behalf of a syndicate of underwriters.The net proceeds of the Offering will be used for the development of the Company's Los Ricos South project, for exploration activities at both Los Ricos South and North projects, and for general corporate purposes.The Common Shares were offered by way of a short form prospectus in all of the provinces of Canada, other than Quebec. The securities have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.About GoGold ResourcesGoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration and development projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.For further information please contact:Steve LowCorporate DevelopmentGoGold ResourcesT: 416 855 0435E: [email protected] STATEMENT:The securities described herein have not been,...

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