U.S. Gold is pleased to provide an update regarding the exercises of previously issued warrants subsequent to the Company's latest Form 10-Q filing for the three months ended January 31, 2025, filed on March 17, 2025. At Jan 31, 2025, the Company reported 4,788,112 warrants outstanding. Since then, the Company has benefited from the exercise of 1,864,668 warrants, generating gross proceeds for the Company of approximately
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