Maple Gold Announces $12 Million Brokered Life Offering and a Concurrent $4 Million Non-Brokered Private Placement

Core Viewpoint - Maple Gold Mines Ltd. has announced a private placement offering to raise gross proceeds of up to $15,000,085 through the sale of flow-through and non-flow-through shares, aimed at funding exploration activities in Canada [1][2]. Group 1: Offering Details - The LIFE Offering consists of up to 3,525,000 flow-through shares priced at $3.40 each, targeting gross proceeds of up to $11,985,000 [1]. - A concurrent non-brokered private placement aims to raise up to $4,015,085, involving up to 1,070,960 flow-through shares and 152,580 non-flow-through shares priced at $2.45 each [2]. - The expected closing date for the Offering is around February 17, 2026, subject to regulatory approvals [5]. Group 2: Use of Proceeds - Proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses related to the Company's projects, with a commitment to renounce these expenditures to subscribers by December 31, 2026 [4]. - Net proceeds from the non-flow-through shares will be allocated for general administrative expenses and working capital over the next 12 months [4]. Group 3: Investor Participation - Strategic investor Michael Gentile plans to participate in the Offering to maintain an approximate 8.4% partially diluted interest in the Company [3]. Group 4: Company Overview - Maple Gold Mines Ltd. is focused on advancing its 100%-owned Douay/Joutel Gold Project in Québec, which spans approximately 481 square kilometers and includes established gold mineral resources [10]. - The property also contains numerous regional exploration targets along a 55-km strike length, indicating potential for new gold and VMS discoveries [11].