To: Goose94 who wrote (110070 ) 7/29/2021 4:59:35 PM From: Goose94 Read Replies (2) | Respond to of 202037 Highway 50 Gold (HWY-V) Completes PP July 29, '21 - NR Highway 50 Gold Corp. has closed its previously announced non-brokered private placement and issued 2,644,836 units at a purchase price of 35 cents per unit for gross proceeds of $925,692.60. Each unit consists of one common share of the company and one-half of one warrant. Each warrant entitles the holder to purchase an additional common share at an exercise price of 45 cents until July 29, 2023. In connection with the offering, certain arm's-length finders were paid cash finders' fees totalling $39,489.03 and were issued an aggregate of 112,825 finders' warrants having the same terms as the warrants. The net proceeds of the offering are expected to be used toward fieldwork at the Gold Knob project and for general working capital purposes. Gold Knob is located 100 kilometres west of the Cortez mining district and exhibits deep crustal structural characteristics similar to those observed at Cortez. The securities issued pursuant to the offering will be subject to a four-month hold period in accordance with applicable securities laws and the rules of the exchange expiring on Nov. 30, 2021. The offering is subject to the final acceptance of the TSX Venture Exchange. For additional information: Gordon P. Leask, P.Eng. or John M. Leask, P.Eng. Tel: 604.681.4462 Email: gord@highway50gold.com or jml@highway50gold.com About Highway 50 Gold Corp. Highway 50 Gold is a mineral exploration-stage company led by a team of experienced explorers and mine finders. The company is executing an exploration plan refined over 35 years of experience in Nevada. The exploration focus on its projects are a result of what management believes to be breakthroughs in the understanding of north-central Nevada's crustal architecture and a new geological understanding on the Monroe property in British Columbia.