Golden Tag Announces $9M Non-Brokered Private Placement Financing in Connection With The La Parrilla Acquisition

Golden Tag Resources Ltd. (“Golden Tag” or the “Company”) (TSX.V: GOG) is pleased to announce its intention to complete a non-brokered private placement financing of subscription receipts (each a “Subscription Receipt”) for gross proceeds of CAD$9.0 million (the “Offering”).

This Offering is being completed in connection with the previously announced acquisition (the “Transaction”) of the La Parrilla Silver Mine Complex in Durango State, Mexico (“La Parrilla”) (as more fully described in the press release dated December 7, 2022, available at www.SEDAR.com).