Cassiar Gold Announces Private Placement for up to Approximately $5.5 Million

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") announces it intends to complete a "best efforts" non-brokered private placement of 7,272,727 flow-through units ("FT Units") at a price of C$0.76 per FT Unit for gross proceeds of up to approximately C$5.5 million (the "Offering"). The proceeds of the Offering will be used to fund ongoing and future exploration and drill programs, at the Company's flagship Cassiar Gold Project in northern British Columbia, Canada.