Core Viewpoint - Xali Gold Corp. is initiating a non-brokered private placement to raise approximately C$1,500,000 to support the acquisition and development of the Pico Machay Gold Project in Peru, which is at an advanced exploration stage with a near-term production goal [1][6]. Group 1: Private Placement Details - The private placement will involve the sale of approximately 15,000,000 units at a price of C$0.10 per unit, aiming to raise gross proceeds of about C$1,500,000 [2]. - Each unit will consist of one common share and one-half share purchase warrant, with the warrants exercisable for one additional share at a price of C$0.20 for 18 months [2]. - Approximately 75% of the proceeds will be allocated to the acquisition and exploration of Pico Machay, while the remaining funds will be used for working capital and general corporate purposes [3]. Group 2: Closing and Approval - The company intends to close the private placement around December 15, 2025, pending approval from the TSX Venture Exchange [3]. - If subscriptions exceed the maximum number of units, the company may increase the size of the placement or accept subscriptions on a first-come, first-served basis [4]. Group 3: Company Overview - Xali Gold is focused on gold and silver exploration in the Americas, particularly advancing the Pico Machay project, which has a near-term production goal [6]. - The company also holds two royalty agreements related to gold and silver production from specific areas of the El Oro gold-silver Project in Mexico [6].