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Rush Gold Upsizes Previously Announced Private Placement of Units
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC - TheNewswire - September 22, 2025 – Rush Gold Corp. (“Rush” or the “Company”) (CSE: RGN | FSE: B6H) is pleased to announce, further to its September 12, 2025 news release announcing a non-brokered private placement (the “Private Placement”) of up to 3,500,000 units at $0.10 per unit, that, due to strong demand, it intends to offer up to 5,000,000 units at $0.10 per unit, for gross proceeds of up to $500,000. Each unit will consist of one common share and one share purchase warrant, with each warrant being exercisable for a period of 24 months at a price of $0.20 per share. The Company intends to complete the Private Placement on or around September 30, 2025 and to use the net proceeds therefrom towards general working capital and exploration at its mineral properties in Nevada.
Anthony Zelen, Executive Chairman & CEO of Rush Gold Corp, commented:
"Progressing scalable projects like Skylight and Legal Tender requires focus, resilience, and a clear long-term strategy. At Rush Gold, we're committed to creating lasting value for our shareholders by staying disciplined in our capital allocation, executing with purpose, and building a strong foundation in a highly prospective, world-class district. With gold and silver prices at record highs, market conditions continue to support growth and renewed investor confidence in the sector. The increased financing announced today will mark a significant milestone—one that will bring us closer to unlocking the full potential of our assets and delivering meaningful returns over time."
The securities referenced herein have not been and will not be registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the "United States" (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable U.S. state securities laws or an exemption from such registration is available. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Rush Gold Corp.
Rush Gold is a Canadian mining exploration company focused on advancing its properties located in the Republic Mining District, Nye County, Nevada.
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For further information, please contact:
Anthony Zelen, Director and Chief Executive Officer
T: (778) 388 5258
E: investors@rushgoldcorp.com
https://rushgoldcorp.com
Forward-Looking Statements
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements, including statements respecting: the Private Placement and expected timing thereof and use of proceeds therefrom; the Company’s commitment to creating lasting value for its shareholders by staying disciplined in its capital allocation, executing with purpose, and building a strong foundation in a highly prospective, world-class district; market conditions continuing to support growth and renewed investor confidence in the Company’s sector; and the upsize bringing the Company closer to unlocking the full potential of its assets and delivering meaningful returns over time. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Corporation believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.