Fairchild Gold Announces Fully Committed Private Placement Financing with a North American Strategic Investor

Core Viewpoint - Fairchild Gold Corp. is initiating a non-brokered private placement financing, expected to close on February 20, 2026, with significant participation from a North American Strategic Investor [1]. Financing Details - The Offering will consist of approximately 13.8 million units priced at C$0.09 per unit, totaling gross proceeds of C$1,242,000 [2]. - Each unit includes one common share and one common share purchase warrant, allowing the purchase of an additional share at $0.15 for five years [2]. - An acceleration clause in the warrants allows for early expiry if the share price exceeds $0.50 for five consecutive trading days after 12 months from the closing date [2]. Regulatory and Use of Proceeds - The Offering is subject to regulatory approvals, including from the TSX Venture Exchange, and the securities will have a hold period of four months and one day post-closing [3]. - Proceeds will be allocated to advance the Company's Nevada gold projects and for general working capital [3]. Company Overview - Fairchild Gold Corp. focuses on mineral exploration and development of copper, gold, and silver assets in North America [5]. - The Company aims to create long-term shareholder value through disciplined exploration and strategic partnerships [6]. Property Highlights - Fairchild's Nevada properties include the Nevada Titan, Fairchild's flagship property, known for high-grade copper-gold-PGEs mining potential [7]. - The Company is also pursuing the acquisition of the Golden Arrow property, which has significant resource areas as outlined in an NI 43-101 report [7]. - The Carlin Queen property is an advanced-stage gold-silver project located at a strategic intersection of gold trends [8].