E2Gold Announces Strategic Investment By Kinross Gold

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May 31, 2022

TORONTO, ON / ACCESSWIRE / May 31, 2022 / E2Gold Inc. (TSXV:ETU|OTCQB:ETUGF) (the "Company" or "E2Gold") is pleased to announce that Kinross Gold Corporation ("Kinross") has expressed its intention to support the Company's activities at the district-scale Hawkins Gold Project in north central Ontario by acquiring such number of units ("Units") of E2Gold in connection with a proposed private placement by the Company (the "Offering")which will result in Kinross holding approximately 9.9% of the issued and outstanding common shares of the Company immediately following the closing of the Offering.