Viking Gold Exploration Inc. announced a non-brokered private placement of up to 9,120,000 post consolidated units at CAD 0.05 per unit for gross of CAD 456,000 on December 23, 2019. Each unit will consist of one post-consolidated common share and one transferable share purchase warrant, each warrant exercisable into one additional post-consolidated common share for a period of one year from date of issue at a price of CAD 0.05 per share. All securities issued will be subject to regulatory hold periods expiring four months from the date of issuance. The transaction is subject to regulatory and the approval of the NEX Board of the TSX Venture Exchange.