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Four Nines Gold Inc (2)
Symbol FNAU
Shares Issued 44,377,240
Close 2026-04-10 C$ 0.46
Market Cap C$ 20,413,530
Recent Sedar+ Documents

Four Nines Gold extends $3-million financing

2026-04-10 17:15 ET - News Release

Subject: Four Nines Gold Inc. - News release for immediate dissemination PDF Document

File: Attachment Four Nines - News Release announcing Extension of Private Placement of Units - April 10 2026.pdf

FOUR NINES GOLD ANNOUNCES EXTENSION OF $3 MILLION NON-BROKERED PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA, April 10, 2026, Four Nines Gold Inc. ("Four Nines" or the "Company") (CSE: FNAU, OTC: FNAUF) further to the Company's news releases dated February 24, 2026 and March 23, 2026, the Company has extended the closing of its previously announced non-brokered private placement of units of the Company (each, a "Unit") to raise gross proceeds of CAD $3 million, with a 20% over-allotment for total gross proceeds of up to CAD $3.6 million (the "Private Placement") until April 17, 2026.

The Private Placement consists of Units priced at CAD $0.20 per Unit, with each Unit consisting of one common share in the capital of the Company (each, a "Share") and one-half of one transferable share purchase warrant (each whole warrant, a "Warrant"), with each Warrant exercisable into one Share (each, a "Warrant Share") at a price of $0.35 per Warrant Share for a period of two (2) years from the issuance date). The Warrants will be subject to an acceleration right in favor of the Company whereby, in the event that the Company's Shares trade at a price on the CSE (or such other exchange on which the Shares may be traded at such time) of $0.50 or greater per Share for a period of 10 consecutive trading days after four months and one day from the closing of the Private Placement, the Company may accelerate the expiry of the Warrants by giving notice to the holders thereof (by public news release and email to registered holders advising of the acceleration of the expiry date of the Warrants) and, in such case, the Warrants will expire on the ten (10th) business day after the date of such notice. All securities issued pursuant to the Private Placement will be subject to applicable resale restrictions, including hold of four months and one day from the date of issuance.

The gross proceeds from the sale of the Units will be used for general working capital purposes, as well as mineral exploration and advancement of the Company's Hayden Hill gold-silver project. To date, the Company has closed CAD $760,000 of the Private Placement in its first tranche on March 23, 2026.

The Private Placement is subject to certain conditions including, but not limited to, receipt of all required approvals. Finder's fees may be payable in connection with the Private Placement.

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.

About Four Nines Gold Inc.

Four Nines Gold Inc. has a world class exploration team and the right to acquire 100% of the Hayden Hill Mine from a Kinross Gold U.S.A., Inc subsidiary. The Company is exploring and developing a project in mining-friendly Northern California. Hayden Hill is a former producing gold mine that was explored through 99,862 meters of drilling in 742 holes and for which there has been no systematic exploration since the mine closed in 1997. The Hayden Hill project is located on private land and drill permits for the initial exploration program has been received from Lassen County. The Four Nines exploration team's objective is to expand the zones of known higher-grade mineralization, both vertically and horizontally. For more information, please contact the Company at info@fourninesgold.ca or visit our website at www.fourninesgold.ca for project updates and related background information.

ON BEHALF OF THE BOARD OF DIRECTORS FOUR NINES GOLD INC.

LEGAL\114754649\1 Charles Ross President 1600 - 409 Granville Street Vancouver, BC, V6C 1T2 Tel: 604.602.0001 Forward-looking statements This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). Statements and information that are not historical facts are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. Forward-looking statements and the assumptions made in respect thereof involve known and unknown risks, uncertainties, and other factors beyond the Company's control. Forward-looking statements in this press release include statements regarding beliefs, plans, expectations, or intentions of the Company and the closing of the Private Placement. Mineral exploration is highly speculative and characterized by several significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate. Forward-looking statements in this press release are made as of the date herein. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this press release are reasonable, undue reliance should not be placed on such statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise, except as may be required by law.

LEGAL\114754649\1

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