Dynasty Gold Closes Non-Brokered Financing
Newsfile·2025-12-05 23:38

Core Viewpoint - Dynasty Gold Corp. is set to close a non-brokered private placement for total gross proceeds of $751,800, which will support its current drill program and the 2026 exploration program [1] Summary by Sections Private Placement Details - The company received subscriptions for 1,255,555 units of non-flow-through common shares, generating proceeds of $226,000. Each unit consists of one common share priced at $0.18 and one-half common share purchase warrant, with whole warrants allowing purchase of one common share at $0.30 for 24 months [2] - The flow-through financing includes 2,390,000 units for proceeds of $525,800. Each flow-through unit consists of one flow-through share at $0.22 and one-half common share purchase warrant, with whole warrants allowing purchase of one non-flow-through common share at $0.33 for 24 months [3] Use of Proceeds - Gross proceeds from the flow-through offering will be allocated to incur "Canadian exploration expenses" related to the Thundercloud gold project in Ontario, with proceeds renounced to subscribers by December 31, 2025 [4] Company Overview - Dynasty Gold Corp. is a Canadian mineral exploration company focused on gold exploration in North America, particularly the Thundercloud property in Ontario and the Golden Repeat project in Nevada [6]