Intact Gold announces $2M private placement

News Release

INTACT GOLD ANNOUNCES FINANCING

March 23rd, 2018 – Vancouver, BC – Intact Gold Corp. (TSX-V: ITG) (FSE: 1A5) (the “Company” or “Intact Gold”), announces that it will be arranging a non-brokered private placement of up to 12,500,000 Units at a price of $0.16 per unit, for gross proceeds of up to $2,000,000. Each unit comprises one common share and one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share for a period of one year at a price of $0.21.

Finders’ fees or commissions may be payable by the company in connection with this private placement.

Proceeds of the placement will be applied to the Company’s properties, potential acquisitions, and general working capital.

All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities law. The offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval of the TSX-V.

ON BEHALF OF THE BOARD OF DIRECTORS OF INTACT GOLD CORP.
Per: Anthony Jackson, President and CEO

For further information, please contact the Company at 604-283-1722.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

photo credit: Intact Gold

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