WINSTON GOLD CORP ORD - WGMCF STOCK NEWS

Winston Gold Corp. has appointed Mr. Brent Omland to its Board of Directors, maintaining a total of five directors. Former director Mr. Stan Stewin will continue in his role as CFO. Omland, a Canadian Chartered Accountant, brings over 15 years of experience in mining and trading, having served at Ocean Partners Holdings since 2013. Winston Gold is focused on advancing high-grade, low-cost mining projects, particularly the Winston Gold project in Montana.

Winston Gold Corp. has provided an update on its mining operations, emphasizing the completion of stoping above the main level on the Custer vein with 4,600 tons of mineralized rock mined for the Paradine mill. The company achieved improvements in mill recovery rates, aiming to increase from mid-70% to mid-80%. Despite the challenges during startup, Winston Gold remains the only underground mine in production in Montana. The update highlights a commitment to safety and health, with minimal COVID-19 cases reported among employees.

Winston Gold Corp. (CSE:WGC, OTCQB:WGMCF) has concluded a non-brokered private placement, raising $1,025,000 by issuing 20,500,000 units at $0.05 each. Each unit comprises one common share and one share purchase warrant, exercisable at $0.09 for two years. Insiders subscribed to 9,250,000 units, totaling $462,250. The funds will be allocated to general corporate purposes and advancing the Winston gold project near Helena, Montana. All securities are subject to a four-month hold period.

Winston Gold Corp. (CSE:WGC)(OTCQB:WGMCF) announced a non-brokered private placement to issue up to 20 million units at $0.05 per unit, aiming for gross proceeds of $1 million. Each unit includes one common share and one share purchase warrant, exercisable at $0.09 for two years. Funds will support general corporate needs and advance the Winston gold project near Helena, Montana. All securities are subject to a statutory four-month hold period. This effort reflects the Company's focus on high-grade mining opportunities.

Winston Gold Corp. (CSE:WGC, OTCQB:WGMCF) has completed a non-brokered private placement, raising $1,418,750 by issuing 18,916,667 units at $0.075 per unit. Each unit consists of one common share and a warrant exercisable for two years at $0.105. Insiders subscribed for 5,000,000 units totaling $375,000, qualifying as related party transactions. Gross proceeds will support general corporate purposes and advance the Winston gold project in Montana.

Winston Gold Corp. announced a private placement to raise between C$500,000 and C$3,000,000 to finance its Winston Gold project in Montana. The offering consists of a minimum of 6.67 million to a maximum of 40 million units priced at C$0.075 each. Additionally, Ocean Partners USA, Inc. is providing US$2 million in prepayment financing to support operations. A strategic partnership with Ocean Partners will enable further development of toll milling solutions.

Winston Gold Corp. (CSE:WGC)(OTCQB:WGMCF) announced the closing of a non-brokered private placement, raising gross proceeds of $1,222,500 by issuing 16,300,000 units at $0.075 per unit. Each unit consists of one common share and one share purchase warrant, with a five-year exercise price of $0.12 per share. Insiders subscribed for 6,866,667 units totaling $515,000 as related party transactions. Proceeds will support general corporate purposes and advance the Winston gold project near Helena, Montana.

Winston Gold Corp. announced successful testing of the Paradine Mill Facility, processing 338 tons over six days with gold recovery rates exceeding 80%. Improvements were made in the float circuit after adjusting the chemical mix and mill feed size. The facility aims to become a turnkey mineral processing plant, supported by planned upgrades and the recruitment of new employees. Additionally, a joint venture with Bond Resources is underway to explore the Hard Cash Mine, which is close to the mill site, enhancing future cash-flow prospects.

Winston Gold Corp. (OTCQB:WGMCF) announced that upgrades to the Paradine Mill Facility, located near Radersburg, Montana, are nearing completion and expected to finish by June 21, 2021. Despite challenges in staffing and material delivery, the company is focused on enhancing the facility's efficiency. Recent improvements include reconfigured flotation circuits and new equipment installations. Additionally, Winston Gold formed a joint venture with Bond Resources to evaluate the Hard Cash Mine, located 4.3 miles from Paradine. This venture aims to explore near-term cash flow prospects.