Fremont Gold Ltd. announced a non-brokered private placement of up to 12,500,000 common shares at a price of CAD 0.12 per share for gross proceeds of up to CAD 1,500,000 on June 6, 2022. The company will pay a finders fee of up to 6% of the gross proceeds raised in the transaction. All securities issued pursuant to the private placement will be subject to a four-month hold period under canadian securities laws and the policies of the TSX Venture Exchange, as applicable.