Edgemont Gold Corp. announced that it has completed a non-private placement of 3,800,000 units issued at a price of CAD 0.05 per unit for gross proceeds of CAD 190,000 on March 31, 2023. Each unit is comprised of one common share and one share purchase warrant with each warrant entitling the holder to purchase an additional share at an exercise price of CAD 0.08 per share for a period of two years from the date of closing.

No finders fees or commissions were paid in connection with the private placement. All securities issued with respect to this private placement are subject to a hold period expiring on August 1, 2023, in accordance with applicable securities laws.