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Not for distribution to United States newswire services or for dissemination in the United StatesVANCOUVER, British Columbia, April 14, 2025 (GLOBE NEWSWIRE) -- Japan Gold Corp. (TSXV: JG) (the Company) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and Moneta Securities (Alberta) Corp. (the Agents), pursuant to which the Agents have agreed to act as agents, on a best efforts basis, in connection with a private placement of up to 41,666,667 common shares of the Company (the Common Shares) at a price of C$0.12 per Common Share for gross proceeds of up to approximately C$5 million (the Offering).The net proceeds of the Offering will be used for exploration drilling and for general corporate purposes.The Offering is expected to close on or about May 1, 2025, or such other date as the Company and the Agents may agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the acceptance of the TSX Venture Exchange.Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 Prospectus Exemptions (NI 45-106), the Common Shares will be offered for sale to purchasers resident in Canada (other than Qu\xe9bec residents) and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the Listed Issuer Financing Exemption). Significant shareholders include Equinox Partners Investment Management LLC and Newmont Corporation.On behalf of the Board of Japan Gold Corp.For further information, please contact:Alexia HelgasonVice President, Corporate CommunicationsPhone: 604-417-1265Email: This email address is being protected from spambots. Forward-looking statements reflect material expectations and assumptions, including, without limitation, expectations and assumptions relating to: Japan Golds ability to receive sufficient financing on acceptable terms or at all for its exploration and mining activities; the future price of metals; and the stability of the financial and capital markets. These statements are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, including, but not limited to, those discussed and identified in public filings made by Japan Gold with the applicable Canadian securities regulatory authorities and the following: the timing and granting of prospecting rights; Japan Goldss ability to convert prospecting rights into digging rights within the timeframe prescribed by the Mining Act (Japan); general economic, market and business conditions; competition for qualified staff; the regulatory process and actions; technical issues; new legislation; potential delays or changes in plans; working in a new political jurisdiction; results of exploration; Japan Golds ability to execute and implement future plans, arrange or conclude a joint venture or partnership; and the occurrence of unexpected events. Japan Gold disclaims any intention or obligation to update or revise forward-looking information or to explain any material difference between such and subsequent actual events, except as required by applicable laws.