White Gold Corp. Closes Brokered Private Placement for Total Gross Proceeds of C$23 Million

Counsel to the Agents with respect to White Gold Corp's completed best efforts private placement for gross proceeds of $23 million

On October 15, 2025, White Gold Corp. (the “Company”) completed a “best efforts” private placement for gross proceeds of approximately C$23 million, which includes the full exercise of the agents’ option. The Company issued: (i) 9,411,710 hard dollar units at a price of $0.85 per unit; (ii) 8,547,000 premium flow-through units at a price of $1.17 per unit; and (iii) 5,000,000 flow-through common shares at a price of $1.00 per share. The offering was conducted by a syndicate of agents led by Clarus Securities Inc. as sole bookrunner and lead agent, and included Canaccord Genuity Corp., SCP Resource Finance LP, and ATB Securities Inc..

The Company is a gold exploration company focused on the White Gold District in Yukon, Canada. It holds a portfolio of 15,364 quartz claims across 21 properties covering 305,102 hectares, representing approximately 40% of the district. The Company’s flagship White Gold Project hosts four near-surface gold deposits with an estimated 1,732,300 ounces of gold in indicated resources and 1,265,900 ounces in inferred resources. The Company continues to advance its exploration efforts across its district-scale land package, targeting both gold and critical mineral opportunities.

Miller Thomson advised the Agents with a team comprised of Andrew Powers, Alex Bruvels, Sam Kelley and Raquel Moses (Capital Markets/Securities), Kathryn Walker (Tax), along with the assistance of Kobi Rosoph and Tamara Gutic (Articling Students).