E2GOLD INC - ETUGF STOCK NEWS

E2Gold Inc. (TSXV:ETU)(OTCQB:ETUGF) has successfully closed its previously announced private placement, raising gross proceeds of $386,450. The financing consisted of issuing 15,822,502 Units at C$0.02 per Unit and 2,800,000 flow-through units at $0.025 per FT Unit. Each Unit includes one common share and one purchase warrant, while FT Units comprise one 'flow-through' common share and one FT Warrant. The company plans to use the proceeds for exploration of its Hawkins project and general administrative purposes. Insiders purchased 8,322,502 Units, constituting a related party transaction. The offering is subject to TSX Venture Exchange approval.

E2Gold Inc. (TSXV:ETU)(OTCQB:ETUGF) has announced that Kinross Gold intends to maintain its 9.9% equity position in the company's recently announced financing. The closing date for the financing has been extended to August 15, 2024, with a target of $500,000 in gross proceeds. The private placement consists of HD Units priced at C$0.020 and Flow-Through Units at C$0.025. E2Gold plans to use the funds for its next drill program, which aims to expand the McKinnon Zone footprint, particularly by testing the McKinnon East Extension. This could potentially double the length of the gold zone along strike. The company's CEO, Eric Owens, expressed appreciation for shareholder support and confidence in the value of their activities.

E2Gold announces a private placement to raise up to C$500,000. The funds will be raised through the sale of units priced at C$0.020 and flow-through units priced at C$0.025. Proceeds will support drilling plans at the Hawkins Project, targeting the McKinnon East Extension to potentially double the McKinnon Zone Inferred Resource footprint. Each unit includes a common share and a warrant, exercisable at C$0.05 and C$0.06 respectively, valid for 24 months. Ellie Owens, President and Board member, resigns to avoid conflicts of interest. Her departure was acknowledged by Dr. David Good, Chairman of the Board. This financing is subject to TSX Venture Exchange approval.

E2Gold Inc. plans to raise $1,000,000 in an equity private placement to fund drilling on its Hawkins gold project in Ontario.

E2Gold Inc. (ETU) Successfully Closes Private Placement, Raises $381,500 for Hawkins Project

E2Gold Inc. (ETU) announces the appointment of Ellie Owens to the Board of Directors and the resignation of Todd Hennis. The company has also started exploration work for its next round of drilling on the McKinnon East Extension.

E2Gold Inc. (TSXV:ETU) (OTCQB:ETUGF) proposes a private placement to issue up to 16,666,667 'flow-through' units at $0.03 per unit, aiming to raise $500,000. The Offering is subject to TSX Venture Exchange approval and will fund Canadian exploration expenses and critical mineral mining expenditures. Additionally, 5,650,000 stock options have been granted to key personnel.

E2Gold Inc. announces the closing of its private placement, raising $350,000. The company issued 17,500,000 units at a price of $0.02 per unit. The proceeds will be used for exploration programs. Insiders of E2 purchased 7,500,000 units.

Assays reveal new gold targets on the Hawkins Gold Project, including large gold soil anomalies. Summer program increases McKinnon Zone's gold resource. Company plans 10,000 m of drilling to expand resource. CEO optimistic about progress. Geologists complete soil sampling program. E2Gold proposes private placement to raise up to $600,000. Proceeds to be used for exploration program.