Viva Gold Plans Non-Brokered Private Placement

Langley, British Columbia — December 11, 2025 — Leads & Copy — Viva Gold Corp. (TSXV: VAU, OTCQB: VAUCF) plans to raise up to CDN$3,000,000 through a non-brokered private placement of up to 18,750,000 units at CDN$0.16 each.

Each unit will include one common share and one-half of a common share purchase warrant. Each whole warrant will allow the holder to acquire one share at CDN$0.24 for 36 months after the units are issued.

Proceeds from the offering will fund pre-feasibility/feasibility study work at the Tonopah Gold Project, geophysical surveys, geologic work, and general working capital. Finder’s fees may be paid on a portion of the offering.

The offering is pending TSX Venture Exchange approval. Securities issued will be subject to a statutory hold period of four months and a day. Certain insiders may participate in the offering, but the company anticipates an exemption from certain requirements related to "related party transactions".

James Hesketh, President & CEO, (720) 291-1775, jhesketh@vivagoldcorp.com
Graham Farrell, Investor Relations, (416) 842-9003, graham.farrell@vivagoldcorp.com

Source: Viva Gold