Relevant Gold Completes Strategic Financing; Embarks on Largest Drilling Program in Company History

About this update from Relevant Gold Corp.

Relevant Gold Completes Strategic Financing; Embarks on Largest Drilling Program in Company HistoryNot for dissemination in or into the United States or through U.S. newswiresAll dollars are Canadian unless otherwise noted VANCOUVER, BC / ACCESS Newswire / April 13, 2026 / Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) (the "Company" or "Relevant Gold") is pleased to announce that it has closed tranche 2 ("Tranche 2") of its previously announced non-brokered private placement financing (see news release dated March 16, 2026) consisting of 13,814,886 common share ("Common Share") of the Company at a price of $0.50 per Common Shares for gross proceeds of $6,907,443 and together with the first tranche which closed on April 7, 2026, an aggregate of 24,113,436 Common Shares for aggregate gross proceeds of $12,056,718 (the "Offering").In connection with Tranche 2 of the Offering, the Company entered into a subscription agreement with each of Kinross Gold Corporation ("Kinross") (NYSE: KGC) and Mr. William G. Bollinger ("Mr. Bollinger"), pursuant to which Kinross agreed to purchase 5,527,152 Common Shares and Mr. Bollinger agreed to purchase 6,822,174 Common Shares of the Company. Upon closing of Tranche 2, each of Kinross and Mr. Bollinger will maintain an ownership position of approximately 19.9% of the issued and outstanding Common Shares of the Company."The support from Kinross, Bollinger, McEwen, and a broad group of new and existing shareholders is a strong endorsement of our team, our strategy, and the discovery potential of our Wyoming gold systems," said Rob Bergmann, CEO of Relevant Gold. "With the largest financing in the Company's history, we are positioned to execute our largest-ever drill program and aggressively test the highest-priority targets across the portfolio. We are grateful for the continued support of our strategic investors and shareholders as we advance into a catalyst-rich year with meaningful discovery potential."All securities issued in connection with Tranche 2 of the Offering are subject to a four-month Canadian restricted resale period expiring on August 14, 2026, and applicable securities legislation hold periods outside of Canada.Proceeds from the Offering will be used to advance exploration across the Company's district-scale gold projects in Wyoming, including drilling at the Apex and Lewiston projects, as well as for general wo...

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