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Advanced Gold Exploration Inc
Symbol AUEX
Shares Issued 75,596,499
Close 2025-04-07 C$ 0.01
Market Cap C$ 755,965
Recent Sedar Documents

Advanced Gold arranges $200,000 private placement

2025-04-08 19:02 ET - News Release

Mr. James Atkinson reports

ADVANCED GOLD EXPLORATION ANNOUNCES PRIVATE PLACEMENT

Advanced Gold Exploration Inc. has arranged a non-brokered private placement through the issuance of up to four million units at a price of five cents per unit for aggregate gross proceeds of up to $200,000.

Each unit shall comprise one common share in the capital of the company and one common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one common share at a price of 10 cents per common share for a period of three years from the date of issuance.

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 offering shall be used for general corporate and working capital purposes.

The closing of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange.

About Advanced Gold Exploration Inc.

Advanced Gold Exploration (formerly Advance United Holdings Inc.) is a Canadian mineral exploration company. The company has acquired a portfolio of undervalued gold and copper properties and are increasing their value through the application of modern technology, new ideas and systematic exploration. The company has a growing pipeline of similar properties that the company is looking to acquire. Advanced Gold is involved exclusively in the acquisition and advancement of past projects -- with no intent to bring them back into production or to mine them itself. The company's expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time. The company believes it can enhance their economic value at today's prices. The company finances the reworking historic data and applying modern technology to underwrite new qualified reports, document quantifiable resources and reserves to current standards, thereby recognizing the current value. The company's purpose is to bring immediate and long-term value to its partners and shareholders while seeking to reduce exploration risk, so that it can all advance in the shortest possible time frame.

We seek Safe Harbor.

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