Four Nines Gold Inc. announced a non-brokered private placement of up to 2,900,000 units at a price of CAD 0.35 per unit for gross proceeds of CAD 10,150,000 on February 1, 2021. Each unit consist of one common share and one-half share purchase warrant, with each whole warrant exercisable at CAD 0.70 per share for a period of 24 months from the date of issuance, subject to an accelerated expiry should the common shares of the company close at or above CAD 1 on the Canadian Securities Exchange for ten (10) consecutive trading days. The transaction is subject to an over-allotment option to issue up to an additional 20% units exercisable at the sole discretion of the company any time prior to closing. Finder’s fees may be payable on a portion or all of the transaction.