Athena Gold Completes First Tranche of Private Placement

Athena Gold Corporation has closed the first tranche of a non-brokered private placement, raising approximately CDN $2.73 million. This is part of an offering announced in November aiming to raise up to CDN $3.1 million. The funds were secured through the issuance of flow-through units and shares, as well as non-flow-through units, all priced at CDN $0.06 to $0.07 per unit.

The company has received strong interest from investors, leading to an expected oversubscription of approximately CDN $400,000 in non-flow-through units. Proceeds from this fundraising will fund exploration projects at Athena's Laird Lake and Oneman Lake properties in Ontario. Additionally, some funds will cover general business expenses.

Athena Gold's shares are traded on the Canadian Securities Exchange under the symbol CSE:ATHA, and the company is focused on mineral exploration in North America.