Lighthouse Gold Announces Upsize of Non-Brokered Private Placement of Units

Core Viewpoint - Lighthouse Gold Inc. has increased its non-brokered private placement from $700,000 to $854,000 due to significant market demand, aiming to raise up to $854,000 through the issuance of units priced at $0.07 each [1][2]. Group 1: Offering Details - The upsized offering will consist of up to 12,200,000 units, with each unit comprising one common share and one-half of a share purchase warrant [1][2]. - Each warrant is exercisable for one additional share at an exercise price of $0.13 per share for a period of 18 months from the closing date [2]. - The proceeds from the offering will be used for exploration of mineral properties and general working capital [2]. Group 2: Closing and Stock Options - The company anticipates closing the offering on or about January 29, 2026 [3]. - Lighthouse Gold has granted a total of 4,850,000 stock options to directors, officers, and consultants, with each option exercisable at $0.10 per share for five years [5]. Group 3: Company Overview - Lighthouse Gold Inc. is focused on mineral exploration and development, particularly in acquiring and exploring gold properties in Guyana, South America [6]. - The company currently holds a 100% interest in two properties located in Guyana [6].

Artesian Resources-Lighthouse Gold Announces Upsize of Non-Brokered Private Placement of Units - Reportify