Radius Gold Inc. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.175 per unit for gross proceeds of up to CAD 1,750,000 on April 25, 2023. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase a common share at a price of CAD 0.35 for a period of 24 months from issuance.

The transaction is subject to approval from TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to the applicable statutory four-month hold period.