Athena Gold Corporation Expands Private Placement Amid High Demand

Athena Gold Corporation has increased its non-brokered private placement from CDN $2,000,000 to CDN $3,100,000, driven by investor interest. This amended offering consists of CDN $1,500,000 through flow-through units, CDN $1,100,000 via flow-through common shares, and CDN $500,000 in non-flow-through units. Each unit includes share purchase warrants, exercisable under certain conditions.

The raised funds will support projects in Ontario, with tax benefits for investors through the Canadian Exploration Expenses classification. Closing will occur in phases, contingent on regulatory approvals. Additionally, insider participation is subject to Multilateral Instrument 61-101 provisions.

Proceeds will finance exploration and administrative costs, with securities held for four months before trading. The placement aligns with future drilling plans and marks a strategic step for Athena's asset development.