Viva Gold closes CDN$ 6.5 million oversubscribed private placement of units

• Viva Gold closed an oversubscribed non-brokered private placement raising CDN$ 6.5 million at CDN$ 0.16 per unit.
• Issued 40,626,425 units; each includes one share, one-half non-transferable warrant exercisable at CDN$ 0.24 until Sept. 9, 2029.
• Proceeds target follow-up drilling at Midway Hills, engineering work for a prefeasibility study, environmental work, permitting preparation at Tonopah.
• Insiders bought 8,105,800 units; finder's fees totaled CDN$ 106,410, with 665,062 finder’s warrants at CDN$ 0.24 to Sept. 9, 2029.
• Transaction awaits final TSX Venture Exchange approval; securities carry a four-month hold.

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