Radius Gold Completes $1.2 Million Private Placement Financing

August 28, 2026 – TheNewswire - Vancouver, Canada – Radius Gold Inc. (TSXV: RDU) ("Radius" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 10,400,000 units at a price of $0.12 per unit, for gross proceeds of $1,248,000. Each unit consists of one common share of the Company and one warrant which entitles the holder to purchase one additional common share at a price of $0.20 for a period of one year following the closing of the private placement. The Company has paid finder’s fees for a portion of the financing consisting of $23,760 in cash payments and 198,000 warrants which have the same terms as the unit warrants. S ecurities issued in the placement are subject to a resale restriction until December 28, 2026. The private placement is subject to final approval by the TSX Venture Exchange. The proceeds of the private placement are intended to be used to fund the Company’s exploration programs at its Tierra Roja copper project and Jonco silver project in Peru, and for general working capital purposes. As one of the placees is an insider of the Company and therefore deemed to be a “related party”

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