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Dakota Gold Announces Offering of Common Stock
Dakota Gold Dakota Gold (US:DC) Newsfileยท2025-03-20 20:16

Core Viewpoint - Dakota Gold Corp. has announced a public offering of 12,400,000 shares of its common stock to raise funds for working capital and general corporate purposes [1]. Group 1: Offering Details - The offering will be conducted with a syndicate of underwriters led by BMO Capital Markets, which will have an option to purchase an additional 1,860,000 shares, representing up to 15% of the offering [2]. - The offering is made under the company's effective shelf registration statement on Form S-3, and will be conducted in compliance with the Securities Act of 1933 [3]. Group 2: Company Background - Dakota Gold Corp. is focused on gold exploration and development, particularly in the Homestake District in Lead, South Dakota, with mineral properties covering over 48,000 acres surrounding the historic Homestake Mine [5].