Thesis Gold Upsizes Previously-Announced Private Placement To $10 Million

Core Viewpoint - Thesis Gold Inc. has increased its previously announced equity private placement from $7.0 million to approximately$10.0 million due to strong investor demand [1][2]. Group 1: Offering Details - The Offering will now consist of up to 16,666,667 common shares priced at $0.60 per share, aiming for gross proceeds of up to approximately$10.0 million [2]. - The Offering will be conducted on a "best efforts" basis to accredited investors and is subject to regulatory approvals [2][3]. - All securities issued will be subject to a four-month hold period in accordance with applicable securities laws [3]. Group 2: Use of Proceeds - The net proceeds from the Offering will be used to advance the Company's mineral projects and for general working capital purposes [4]. Group 3: Company Overview - Thesis Gold Inc. focuses on the Lawyers-Ranch Project in British Columbia, which has shown robust project economics with a 35.2% after-tax IRR and an after-tax NPV5% of C$1.28 billion [6]. - The Company plans to initiate a Pre-Feasibility Study and progress permitting and environmental work over the next 12 months [6]. - Thesis Gold aims to evaluate multiple high-potential exploration targets to enhance resource growth potential identified in the Preliminary Economic Assessment [6].