VANCOUVER, British Columbia, Sept. 19, 2025 (GLOBE NEWSWIRE) -- 1911 Gold Corporation (“1911 Gold” or the “Company”) (TSXV: AUMB; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that it has entered into an amended and restated agreement with Haywood Securities (“Haywood”), as lead agent, on its own behalf and on behalf of Velocity Capital Partners (together with Haywood, the “Agents”), to amend the terms of its previously announced “best efforts” private placement and LIFE offering to increase the size of th ...

Core Viewpoint - Gladiator Metals Corp. is expanding its previously announced upsized private placement to include investors in Quebec, aiming for total gross proceeds of $22,500,052 through the issuance of common shares [1][2]. Group 1: Offering Details - The Offering consists of 10,563,400 flow-through shares priced at $1.42 each, generating gross proceeds of $15,000,028, and 8,152,200 common shares priced at $0.92 each, generating gross proceeds of $7,500,024 [1]. - The Offering is being conducted on a "bought deal" basis, with Cormark Securities Inc. as the lead underwriter [2]. Group 2: Use of Proceeds - The gross proceeds from the sale of flow-through shares will be used for eligible Canadian exploration expenses related to the Company's projects in the Yukon Territory [3]. - The net proceeds from the common shares will be allocated for working capital and general corporate purposes [3]. Group 3: Regulatory and Closing Information - The Offering is expected to close around September 9, 2025, subject to regulatory approvals, including conditional approval from the TSX Venture Exchange [4]. - The shares will be offered to purchasers in all Provinces of Canada, including Quebec, under the Listed Issuer Financing Exemption, which allows for immediate sale without a hold period [5].

Core Viewpoint - Azincourt Energy Corp. has successfully closed the final tranche of its non-brokered private placement, raising a total of C$813,949 through the issuance of non-flow-through and flow-through units [1][3]. Group 1: Offering Details - The second tranche included 1,100,000 non-flow-through units priced at C$0.015 each and 3,833,333 flow-through units also priced at C$0.015 each [1]. - Each non-flow-through unit consists of one common share and one common share purchase warrant, while each flow-through unit includes one flow-through common share and one common share purchase warrant [2]. - The warrants are exercisable at a price of C$0.05 until August 11, 2028 [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to drilling, exploration, and development of the Snegamook and Harrier Projects in Newfoundland and Labrador, as well as for general working capital [3]. - The funds raised from the flow-through shares will be used to incur eligible resource exploration expenses qualifying as Canadian exploration expenses and flow-through critical mineral mining expenditures [5]. Group 3: Insider Participation and Fees - An insider of the company participated in the offering, acquiring 500,000 flow-through units for a total of $7,500, which is classified as a related party transaction [6]. - The company paid finders' fees totaling C$2,200 and issued 146,667 finders' warrants, which are also exercisable at C$0.05 for three years from the date of issue [4]. Group 4: Company Overview - Azincourt Energy Corp. is a Canadian resource company focused on the acquisition, exploration, and development of alternative energy projects, including uranium and lithium [8].

Core Viewpoint - Azincourt Energy Corp. has announced an increase in its non-brokered private placement, aiming to raise up to $950,000 through the offering of flow-through and non-flow-through units priced at $0.015 each [1][2]. Group 1: Offering Details - The offering consists of flow-through units (FT Units) and non-flow-through units (NFT Units), with each FT Unit comprising one flow-through common share and one common share purchase warrant, while each NFT Unit consists of one common share and one warrant [2]. - Each warrant will be exercisable at a price of $0.05 for a period of 36 months from the date of issue [2]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated to the drilling, exploration, and development of the Snegamook and Harrier Projects in Newfoundland and Labrador, Canada, as well as for general working capital [3]. - Proceeds will not be used for payments to non-arms length parties or for investor relations activities [3]. Group 3: Tax Implications - The FT Shares will qualify as "flow-through shares" under the Income Tax Act (Canada), with proceeds used to incur eligible resource exploration expenses that qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures [5]. - The company will incur qualifying expenditures equal to the gross proceeds raised from the issuance of FT Shares by December 31, 2026, and will renounce these expenditures to the initial purchasers by December 31, 2025 [5]. Group 4: Company Overview - Azincourt Energy Corp. is a Canadian resource company focused on the acquisition, exploration, and development of alternative energy projects, including uranium and lithium [7]. - The company is currently active in its East Preston uranium project in Saskatchewan and the Snegamook and Harrier uranium projects in Labrador [7].

Core Points - Midland Exploration Inc. has arranged a non-brokered private placement for gross proceeds of $5,058,750 from the sale of 10,650,000 flow-through shares at a price of $0.475 per share [1] - Concurrently, Midland plans to complete an additional private placement for approximately $1,050,000 from the sale of 3,181,818 common shares at a price of $0.33 per share [2] - Centerra Gold Inc. is expected to participate as a strategic investor, acquiring 9.9% of Midland's issued and outstanding common shares upon closing [3] Financial Details - The gross proceeds from the flow-through shares will be used for Canadian exploration expenses that qualify as flow-through mining expenditures, to be incurred by December 31, 2026 [4] - Refundable tax credits of 22.5% are anticipated on qualifying expenditures incurred by Midland on its gold projects [5] Offering Conditions - The offering is expected to close on or about July 25, 2025, subject to TSX Venture Exchange approval and execution of an Investor Rights Agreement with Centerra [6] - Under the Investor Rights Agreement, Centerra will have rights to participate in future share issuances to maintain its interest in Midland [6] Company Background - Midland targets mineral potential in Quebec, focusing on discovering new world-class deposits of gold and critical metals [8] - The company collaborates with reputable partners such as BHP Canada Inc., Rio Tinto Exploration Canada Inc., and Agnico Eagle Mines Limited [8]