Core Viewpoint - Canadian GoldCamps Corp. has successfully closed the second tranche of its non-brokered private placement financing, raising a total of $1,000,000 through two tranches [1][3]. Financing Details - The second tranche involved the issuance of 4,450,000 common shares at a price of $0.10 per share, resulting in gross proceeds of $445,000 [2]. - Combined with the first tranche, which closed on December 31, 2025, the total gross proceeds raised amount to $1,000,000 [3]. Use of Proceeds - A portion of the proceeds, specifically $100,000, has been allocated for an initial cash payment to Stelmine Canada Ltd. related to a proposed option agreement, while the remaining funds will be used for general working capital [3]. Regulatory Compliance - The offering is subject to the receipt of all necessary regulatory approvals, including acceptance from the Canadian Securities Exchange [4]. Related Party Transactions - An officer of the company participated in the second tranche, acquiring 50,000 shares, which is classified as a related party transaction under Multilateral Instrument 61-101 [5]. Finder's Fees - In connection with the second tranche, the company paid finder's fees totaling $17,400 and issued 174,000 finder's warrants, each allowing the holder to acquire one share at an exercise price of $0.12 for 24 months [6]. Company Overview - Canadian GoldCamps Corp. is focused on gold exploration and development in Canada, aiming to acquire and advance high-quality assets through disciplined exploration [8].
Canadian GoldCamps Closes Second Tranche of Private Placement