Advanced Gold Announces Private Placement and Appointment of Director

About this update from Hypercharge Networks Corp.

[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - December 16, 2025) - Advanced Gold Exploration Inc. (CSE: AUEX) (FSE: HZ2) (OTC Pink: AUHID) ("Advanced Gold" or the "Company") is pleased to announce the appointment of Shahab Samimi to its Board of Directors.","length":266,"tagName":"p"},{"type":"text","content":"Mr. Samimi is an experienced investor and corporate director with a strong background in capital allocation and public company governance. He currently leads enterprise software and digital transformation initiatives as Senior Product Manager at a Fortune 500 company. Mr. Samimi has direct public board experience, having served on the board of Canada's first publicly listed EV charging infrastructure company, Hypercharge Networks, and as CEO of Humanoid Global. He brings valuable expertise in technology-driven growth, sustainability, and resource-intensive industries to the mining exploration sector.","length":611,"tagName":"p"},{"type":"text","content":"The Company also announces that Rodney Ireland has resigned from the Board of Directors to pursue other opportunities. On behalf of the Board and management, we want to sincerely thank Rodney for his years of dedicated service and valuable contributions to Advanced Gold, we wish him the very best in his future endeavors.","length":322,"tagName":"p"},{"type":"text","content":"In addition, the Company wishes to announce that it intends to complete a non-brokered private placement (the "Private Placement") of up to 2,000,000 units (each, a "Unit") at a price of $0.15 per Unit for aggregate gross proceeds of up to $300,000 Each Unit shall be comprised one common share in the capital of the company (each, a "Common Share") and one-half of one whole transferable Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.20 per Common Share for a period of two years from the date of issuance.","length":657,"tagName":"p"},{"type":"text","content":"All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The gross proceeds of the Private Placement shall be used for general corporate and working capital...

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