Freedom Gold Corp. Announces Extension of Non-Brokered Private Placement Deadline to September 1, 2026

Details on Private Placement Extension

On July 17, 2026, Freedom Gold Corp. announced the extension of its non-brokered private placement deadline to September 1, 2026. This extension pertains to the offering initially disclosed on June 4, 2026, which involves issuing up to 4,166,666 units at $0.12 per unit. The company did not specify reasons for the extension in the announcement.

All other offering terms remain consistent with the original disclosure. Interested investors now have until the extended deadline to participate. For further details, the company refers stakeholders to the June 4, 2026 news release, which was not included in this update.

Capital Raise Structure and Pricing

The offering is designed to generate gross proceeds of $500,000 through the sale of 4,166,666 units at $0.12 each, consistent with the initial announcement. While the unit composition is not detailed, such units typically include warrants or other securities alongside common shares.

As a non-brokered placement, Freedom Gold Corp. is managing the offering directly without brokerage involvement, potentially reducing underwriting fees but requiring direct investor engagement. The announcement does not disclose the specific allocation of the raised funds.

Company Profile and Asset Overview

Formerly SPOD Lithium Corp., Freedom Gold Corp. trades on the Canadian Securities Exchange under the symbol FRDM. Founded in 2020, the company focuses on gold exploration and development, emphasizing sustainable resource management. Its mineral properties are situated in Quebec and Nova Scotia, regions known for valuable mineral deposits. The announcement highlights the company’s commitment to innovation and stakeholder value, without providing detailed exploration or development status of its assets.

Regulatory Approvals and Compliance

The private placement is subject to approval by the Canadian Securities Exchange (CSE). The company’s forward-looking statements note that obtaining all necessary regulatory consents, including CSE approval, is a condition for completing the offering. The CSE has neither reviewed nor approved the content of this news release.

Investors should recognize that completion depends on regulatory approvals and market conditions. The company cautions that there is no guarantee the offering will close as planned, citing risks such as market fluctuations, financing availability, and regulatory delays.

Leadership and Disclosure Information

Veronique Laberge, serving as Chief Financial Officer and Interim CEO, signed the announcement on July 17, 2026, on behalf of the Board of Directors. The announcement does not specify the duration of her interim CEO role or any forthcoming leadership changes.

For comprehensive company information, investors are directed to consult Freedom Gold Corp.’s filings on SEDAR+ (www.sedarplus.ca), the official Canadian public company disclosure system, which includes financial statements and management analysis.

Reference to Original Offering Announcement

The initial private placement was announced on June 4, 2026. The July 17, 2026 extension update provides a material timeline change, encouraging investors to review the original release for full offering details. The extension suggests additional time is needed to meet capital targets or facilitate investor due diligence, though subscription progress as of the extension date was not disclosed.

Forward-Looking Statements and Associated Risks

The announcement contains forward-looking disclaimers as required by Canadian securities regulations, acknowledging that expected outcomes related to the offering’s completion and proceeds are based on management’s assumptions and may not materialize. Risks include inability to finalize the offering, market volatility, financing challenges, regulatory delays, and broader economic conditions, many beyond the company’s control. The company disclaims any obligation to update these statements except as legally required.

Investor Participation Timeline

The new deadline of September 1, 2026, gives investors additional time beyond the original June 4, 2026 date to evaluate and commit to the offering. The announcement does not specify minimum or maximum subscription amounts or allocation procedures in the event of oversubscription.

Market Impact and Share Price Considerations

The immediate effect of the extension on Freedom Gold Corp.’s share price is not detailed. Capital raise extensions can influence investor sentiment and share prices, but such impacts depend on multiple external factors. Investors should consult brokerage platforms or financial data services for real-time market information. The announcement does not address any anticipated or observed share price changes following the extension.