Dakota Gold Announces Pricing of $75 Million Public Offering

Core Viewpoint - Dakota Gold Corp. has announced a public offering of 12,336,000 shares of its common stock, aiming to raise approximately $75 million, which could increase to about $86.25 million if the underwriters fully exercise their option [1][2]. Group 1: Offering Details - The public offering is expected to close on or about February 11, 2026, pending customary closing conditions [1]. - The gross proceeds from the offering, before expenses, are estimated at approximately $75 million, with a potential increase to $86.25 million if the underwriters exercise their option in full [2]. - The net proceeds from the offering will be utilized for working capital and other general corporate purposes [2]. Group 2: Underwriters and Options - BMO Capital Markets and Scotiabank are acting as lead book-running managers for the offering, with several other firms serving as co-managers [3]. - The underwriters have been granted an option to purchase an additional 1,850,400 shares, representing up to 15% of the shares being sold in the offering, exercisable for 30 days from the underwriting agreement date [4]. Group 3: Regulatory Compliance - The offering is being conducted under the company's effective shelf registration statement on Form S-3, which includes a base prospectus previously filed with the SEC [5].