North Bay Resources Announces Physical Gold + Shares Unit Financing

BISHOP, Calif., June 27, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the "Company" or "North Bay") (OTC:NBRI) is pleased to announce a private placement offering to residents of the United States (and globally as Canadian and non, United States Accredited Investors) who qualify as verified accredited investors pursuant to Rule 506(c) and Regulation D under the United States Securities Act of 1933. All US subscribers must complete and return the accreditation form and sufficient supporting information in order to satisfy Rule 506(c) under Regulation D.

The offering is for a Unit consisting of 60% Common Shares of North Bay and 40% physical gold from production by North Bay. Each Unit will be issued at a price of $0.001 USD per Unit for gross proceeds of up to $1,000,000 USD (the "Offering"). This equates to 10,000,000 shares and 1.3 ounces of gold per $10,000 investment. Assuming the Offering is fully subscribed, the post-closing valuation of the Company will be approximately $5,500,000 USD. The net proceeds from the Offering will be used primarily for working capital, specifically for gold production.

The Offering is expected to close on or before July 31, 2025. No commissions or agent fees will be paid as part of the financing. The Company has contracted the services of Issuance.com to provide the online platform including 506c accreditation verification for US subscribers.

The securities being offered by the Company have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

The Company is not a reporting issuer in any province or territory in Canada and its securities are not listed on any stock exchange in Canada.

For further information please go to https://invest.northbay-resources.com/ or contact the Company at