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ROUYN-NORANDA, QC, April 13, 2023 /CNW/ - Visible Gold Mines Inc. (TSXV: VGD) (Frankfurt: 3V41) ("Visible Gold Mines" or the "Corporation") is pleased to announce the closing of its previously-announced private placement (the "Private Placement") of 1,250,000 units (the "Units") at a price of $0.12 per Unit, for gross proceeds to Visible Gold Mines of $150,000. Each Unit is comprised of one common share and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional common share of Visible Gold Mines at a price of $0.17 until April 12, 2025.