Cassiar Gold provides update on private placement Page 1

Calgary, Alberta–(Newsfile Corp. – September 9, 2024) – Cassiar Gold Corp. (TSXV:GLDC) (OTCQX:CGLCF) (“Cassiar Gold” or the “Pursue“) announces, following its September 3, 2024 press release, that it will offer nonprofit flow-through units (“CFT units“) and flow units (“Units“) for total gross proceeds of C$1 million (the “Offer“) will be used at its flagship Cassiar gold project in northern British Columbia, Canada.

The Units, priced at C$0.35 per Unit, and the CFT Units, priced at C$0.37 per CFT Unit, each consist of one common share in the capital of the Company (each, a “Ordinary share“), issued as ” Flow-Through Shares” pursuant to the Income Tax Act (Canada) and one common share purchase warrant (each, a “WarrantyEach Warrant may be exercised by the holder for a period of 24 months following the closing date of the Offering and may be purchased at a price of CAD $0.50.