200722_second_increase_to_private_placement

Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) announces that, subject to the approval of the TSX Venture Exchange, it proposes to increase to $725,000 its previously announced (see news releases dated July 20, 2020 and July 22, 2020) non-brokered private placement of units (the “Units”) at a price of 10 cents ($0.10) per Unit for gross proceeds of $725,000.  Each Unit shall be comprised of one common share in the capital of the Company and one common share purchase warrant.