Mr. Randy Turner reports

INDEPENDENCE GOLD ANNOUNCES FINANCING OF $2.0 MILLION

Independence Gold Corp. has proposed an equity financing of up to a maximum of 6,666,666 shares, comprising flow-through (FT) common shares, which will be offered at 30 cents for proceeds of $2-million. Subject to compliance with applicable securities laws and the approval of the TSX Venture Exchange, finders' fees may be payable to eligible arm's-length persons with respect to certain subscriptions accepted by the company.

The proceeds from the FT shares will be used by the company to incur eligible Canadian exploration expenditures that will qualify as flow-through mining expenditures as such terms are defined by the Income Tax Act (Canada) related to the 3Ts project, British Columbia. All qualifying expenditures will be renounced in favour of the subscribers of the FT shares effective Dec. 31, 2024.

Closing of the offering is subject to receipt of applicable regulatory approvals, including the approval of the TSX Venture Exchange. The securities issued will be subject to a four-month hold period.

President and chief executive officer Randy Turner commented: "With this additional financing, the company is in a very strong financial position to advance and develop the 3T project through 2025, including expanding the current drill program to 10,000 metres."

We seek Safe Harbor.