C2C Gold Corp. announced non-brokered private placement of units at a price of CAD 0.05 per unit for aggregate gross proceeds of a minimum of CAD 0.5 million and up to maximum of CAD 1.0 million on January 12, 2023. Each unit will consist of one common share and one-half of one common share purchase warrant.

Each warrant shall entitle the holder to acquire an additional common share at a price of CAD 0.10 for a period of 24 months following the closing of the offering. The closing may occur in one or more tranches with the final tranche expected to occur on or before February 11, 2023 The transaction is subject to all necessary regulatory approvals.