Intact Gold closes $200,000 financing

 August 12, 2016

INTACT GOLD CLOSES $200,000 NON-BROKERED PRIVATE PLACEMENT

Intact Gold Corp. has closed its previously announced non-brokered private placement (news release dated Aug. 5, 2016).

The private placement consisted of the issuance of 2,666,667 million units at a price of 7.5 cents per unit for gross proceeds of $200,000. Each unit comprises one common share and one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share until Aug. 12, 2018, at a price of 10 cents.

Proceeds of the placement will be applied to the company’s properties and to general working capital.

All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities law. The offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange.

We seek Safe Harbor.