QGold Closes Private Placement Flow-Through Financing

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[{"type":"text","content":"QGold Closes Private Placement Flow-Through Financing\nTORONTO, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G) (“QGold” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement financing of common shares issued on a “flow-through” basis (each, a “Common Share”) for proceeds of $1,694,503 (the “FT Offering”). For more information on the FT Offering, please see the Company’s press release dated December 12, 2025, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Pursuant to the FT Offering, QGold issued 4,841,437 Common Shares on a “flow-through basis” at a price of $0.35 per share. The securities issued in connection with the FT Offering are subject to a statutory four-month hold period, which expires on April 24, 2026. Completion of the FT Offering is subject to receipt of final approval of the TSX Venture Exchange (“TSXV”). The Company intends to use the proceeds of the FT Offering to fund exploration work on its Mine Centre gold project in Ontario, Canada. In connection with the FT Offering, QGold paid finder’s fees of $127,560.24 in cash and issued 364,456 non-transferable finder warrants (“Finder Warrants”) to eligible finders in accordance with TSXV policies. Each Finder Warrant entitles the holder thereof to acquire one Common Share at a price of $0.35 at any time prior to December 23, 2027. About Q-Gold Resources Ltd. Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G) is a publicly traded North American-based mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America. The Company’s shares are listed on the TSX Venture Exchange under the symbol “QGR”, the OTCQB® Venture Market in the United States under “QGLDF”, and the Börse Frankfurt exchange under “QX9G”. QGold is committed to progressing its portfolio of gold and silver assets toward production, with its primary focus on its flagship Quartz Mountain gold project in Oregon (USA) and the Mine Centre gold project in Ontar...

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