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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Feb. 24, 2023 (GLOBE NEWSWIRE) — C2C Gold Corp. (CSE: CTOC, OTCQB: CTCGF) (“C2C Gold” or the “Firm”) broadcasts a non-brokered personal placement of 10,000,000 models (the “Models”) at a value of C$0.05 per Unit for combination gross proceeds of C$500,000 (the “Providing”).

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Every Unit will consist of 1 frequent share within the capital of the Firm and one-half of 1 frequent share buy warrant (every entire warrant, a “Warrant”). Every Warrant shall entitle the holder to amass an extra frequent share at a value of $0.10 for a interval of 24 months following the closing of the Providing.

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The Models can be provided by the use of the “listed issuer” exemption underneath Nationwide Instrument 45-106 – Prospectus Exemptions in all of the provinces of Canada apart from Quebec. A possible investor resident in Canada (besides Quebec) will not be required to be an “accredited investor” underneath relevant Canadian securities legal guidelines to take part within the Providing. The securities forming a part of the Models are anticipated to be instantly freely tradeable underneath relevant Canadian securities laws if bought to purchasers resident in Canada.

The proceeds from the sale of the Models can be used for advancing exploration on the Firm’s Newfoundland initiatives and common working capital functions.

The closing of the Providing might happen in a number of tranches with the ultimate tranche anticipated to happen on or earlier than April 10, 2023 and is topic to receipt of all vital regulatory approvals.

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An providing doc associated to the Providing can be filed and accessible underneath the Firm’s profile at www.sedar.com and on the Firm’s web site at www.c2cgold.com. Potential buyers ought to learn this providing doc earlier than investing choice.

The securities issued pursuant to the Providing haven’t, nor will they be registered underneath america Securities Act of 1933, as amended, and might not be provided or bought inside america or to, or for the account or good thing about, U.S. individuals within the absence of U.S. registration or an relevant exemption from the U.S. registration necessities. This information launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase nor shall there be any sale of the securities in america or in another jurisdiction wherein such supply, solicitation or sale can be illegal.

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The Firm won’t be continuing with the providing introduced on January 12, 2023.

About C2C Gold
Corp.

C2C Gold Corp. is a mineral exploration firm targeted on advancing gold initiatives in Canada’s Newfoundland. C2C Gold holds one of many largest land positions on the Central Newfoundland Gold Belt and thru the acquisition of The Rock Gold Corp., now consists of quite a few initiatives mendacity alongside the foremost gold bearing crustal scale structural zones. C2C Gold’s portfolio covers a pipeline of initiatives from early exploration stage by means of drill-ready with recognized gold occurrences. C2C Gold additionally holds a portfolio of initiatives throughout the prolific White Gold and Klondike districts in Canada’s Yukon.

For further
data:

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Peter Bures
Chief Government Officer
(833) 888-2862
data@c2cgold.com

www.c2cgold.com

Neither
the
Canadian
Securities
Change
nor
its
Market
Regulator
(as
that
time period
is
outlined
in
insurance policies
of
the
Canadian
Securities
Change)
accepts
accountability
for the
adequacy
or accuracy
of
this launch.

Ahead Wanting Statements

This information launch might embody forward-looking statements which can be topic to dangers and uncertainties and might be recognized by way of forward-looking terminology resembling “anticipated”, “can be”, “anticipated”, “might”, “are topic to” or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “will” happen. All statements inside, aside from statements of historic reality, are to be thought-about ahead trying. Ahead trying statements on this information launch embody, however aren’t restricted to, the closing of the Providing and the proposed use of funds. Though the Firm believes the expectations expressed in such forward-looking statements are primarily based on affordable assumptions, such statements aren’t ensures of future efficiency and precise outcomes or developments might differ materially from these in forward-looking statements. Elements that would trigger precise outcomes to vary materially from these in forward-looking statements embody market costs, continued availability of capital and financing, and common financial, market or enterprise circumstances. There might be no assurances that such statements will show correct and, due to this fact, readers are suggested to depend on their very own analysis of such uncertainties. We don’t assume any obligation to replace any forward-looking statements besides as required underneath the relevant legal guidelines.