Spanish Mountain Gold Ltd. is pleased to announce that further to its press release dated August 7, 2025 and as a result of strong investor demand, the Company has increased the maximum aggregate gross proceeds of its previously announced brokered "best efforts" private placement from C$5,000,000 to C$6,000,000. The revised Offering is comprised of the following: up to 20,689,655 units of the Company at a price of C$0.145 per Unit, for gross proceeds of up to C$3,000,000 from the sale of Units; and gross proceeds of up to C$3,000,000 from the sale of any combination of flow-through share units of the Company at a price of C$0.165 per FT Unit, and flow-through share units of the Company to be sold to charitable purchasers at a price of C$0.20 per Charity FT Unit. Red Cloud Secu...