Core Viewpoint - LaFleur Minerals Inc. has successfully closed a non-brokered flow-through private placement, raising gross proceeds of $1.66 million to fund exploration and drilling activities at its Swanson Gold Deposit [1][4]. Financial Summary - The private placement generated aggregate gross proceeds of $1,663,370 through the issuance of 2,410,682 flow-through units at a price of $0.69 per unit [1]. - Each flow-through unit consists of one common share and one share purchase warrant, with the warrants exercisable at $0.75 for a period of 24 months [2][3]. Use of Proceeds - Proceeds from the flow-through units will be allocated to exploration and drilling programs at the Swanson Gold Project, including ore-sorting and metallurgical testwork [4]. - The company aims to support mineral resource estimates and assess the economic viability of the Swanson Gold Deposit [4]. Project Development - LaFleur Minerals is collaborating with ERM to complete a Preliminary Economic Assessment (PEA) for the potential restart of gold production at its Beacon Gold Mill, which will process material from the Swanson Gold Deposit [5]. - The Swanson Gold Project spans approximately 18,304 hectares and includes several gold-rich prospects [10]. Regulatory and Tax Considerations - The securities issued under the offering are subject to a hold period of four months plus one day from the date of issue [2]. - The company will renounce qualifying expenditures related to the flow-through shares, which will be effective no later than December 31, 2025 [5][7].

Core Viewpoint - Sixty North Gold Mining Ltd. is increasing its non-brokered unit financing to up to $1,650,000, offering 15,000,000 units at $0.11 per unit to fund exploration and development of the Mon Gold Property and general working capital [1][2]. Company Overview - Sixty North Gold is focused on developing gold mining operations at its 100% owned Mon Gold Project, which previously extracted 15,000 tonnes of ore, recovering approximately 15,000 ounces of gold in the 1990s [3]. - The North Ramp has been reopened and extended to target portions of the vein, with plans to develop stopes in the East Limb, West Limb, and DD Zone to support a 100 tonnes per day gravity-flotation mill [3]. Exploration Potential - The Mon Gold Property has additional targets for gold, silver, and base metals that will be explored and developed as necessary [4]. - The Yellowknife gold camp, where the Mon Gold Project is located, has a history of high-grade gold production, with two mines averaging 30 grams per tonne (gpt) and two others averaging 15 gpt, contributing to over 14 million ounces of gold produced [4].

Core Viewpoint - Batero Gold Corp. has entered into an unsecured loan agreement with Antioquia Gold Ltd. for the Batero-Quinchia Gold Project, with an increase in loan value and extension of the loan term announced in 2024 [1][3]. Loan Agreement Details - The Original Loan Agreement was for COP$2,400,000,000 (approximately CAD$720,000) with a term of 15 months, starting from the first disbursement on October 20, 2022, and an interest rate of IBR1 + 7.5% per annum (16.75% per annum) [2]. - The Amended Loan Agreement increased the total loan value to COP$4,800,000,000 (CAD$1,627,200) and extended the term until December 20, 2025 [3]. - As of the current date, the total principal advanced under the loan is CAD$1,406,656, with total interest owed amounting to CAD$354,714 [3]. Use of Funds - Disbursements from the loan have been utilized for general working capital, corporate overhead, and to support operational requirements in Colombia [3]. Related Party Transactions - Minera and Antioquia are considered related parties due to a common controlling shareholder, making the loan agreements related party transactions under MI 61-101 [5]. - The company is exempt from formal valuation requirements under MI 61-101 as its shares are listed on the TSXV, and it relied on exemptions from minority shareholder approval requirements for both the Original and Amended Loan Agreements [6]. Company Overview - Batero Gold Corp. is focused on precious and base metals exploration, with the objective of developing the La Cumbre Gold Project located within the Batero-Quinchia Gold Project in Colombia's Mid Cauca gold and copper belt [7].

Financial Data and Key Metrics Changes - In Q3 2025, Eldorado Gold reported net earnings from continuing operations of $57 million, or $0.28 per share, with adjusted net earnings of $82 million, or $0.41 per share, excluding one-time items [12][14] - Free cash flow for the quarter was negative $87 million, but underlying free cash flow, excluding capital investments in the Skouries project, was positive $77 million [12][14] - Total cash costs were $1,195 per ounce sold, and all-in sustaining costs were $1,679 per ounce sold [15] Business Line Data and Key Metrics Changes - Gold production for the third quarter was 115,190 ounces, with operational performance at Lamaque benefiting from early processing of the second bulk sample [5] - Kisladag produced 37,184 ounces at a total cash cost of $1,309 per ounce sold, impacted by lower tons mined due to equipment availability [25] - Olympias produced 13,597 ounces, with total cash costs of $1,869 per ounce sold, affected by flotation circuit stability issues [23] Market Data and Key Metrics Changes - The company tightened its 2025 gold production guidance to between 470,000 and 490,000 ounces, while total cash costs were revised upwards to between $1,175 and $1,250 per ounce sold [6][12] - The increase in costs was attributed to record-high gold prices and higher royalty rates in Türkiye, as well as lower performance at Olympias [6][14] Company Strategy and Development Direction - The company is focused on advancing its growth strategy, particularly with the Skouries project expected to reach cash flow inflection in 2026 [11][29] - Eldorado Gold is committed to disciplined capital allocation and returning value to shareholders through share repurchase programs [8][29] - The management emphasized the importance of safety, operational excellence, and ESG initiatives as part of its long-term strategy [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to manage challenges, particularly at Olympias, and highlighted ongoing efforts to improve recovery rates [58][63] - The company is optimistic about the future, with plans to update the market on capital and operating costs in 2026 [47][68] - Management acknowledged the potential for M&A opportunities but emphasized a focus on current projects and operational improvements [33][34] Other Important Information - The company completed a share repurchase program, buying back approximately 3 million shares for a total of $79 million in Q3 2025 [8][9] - The Skouries project is on track, with construction progress reported at 73% for phase two [18] Q&A Session Summary Question: What is the desired outcome for the investment in Probe Gold? - Management indicated that the investment was initially aimed at supplementing ore for the permitted mill capacity, but the recent developments did not align with strategic initiatives [32] Question: What is the timeline for Skouries and potential risks? - Management confirmed that the dry stack filter plant is critical, and they are confident in meeting the timeline for first concentrate production by Q1 2026 [34][35] Question: What are the expected impacts of the whole ore agglomeration project at Kisladag? - The project aims to enhance permeability in the leach pad, potentially reducing the leach cycle from 300 days to 200 days, improving recovery rates [36] Question: What is the definition of commercial production for Skouries? - Commercial production is expected to be defined as achieving 80% of design nameplate throughput, with a ramp-up to 100% by the end of 2026 [42][43] Question: What are the expectations for dividends and capital allocation? - Management indicated that 2026 will be a key year for cash flow generation, and they will consider implementing a sustainable dividend at that time [67]

Core Viewpoint - Probe Gold Inc. has made headlines as it enters into a definitive agreement for acquisition by Fresnillo plc, with a total purchase price of approximately C$780 million, leading to a significant increase in its stock price [5][8][9]. Company Overview - Probe Gold Inc. is a prominent Canadian gold exploration company focused on acquiring, exploring, and developing high-potential gold properties. The company owns 100% of its flagship Novador Gold Project and controls a substantial land package of about 1,798 square kilometers in Québec [4]. Acquisition Details - The acquisition agreement stipulates that Probe shareholders will receive C$3.65 per share, representing a 39% premium based on the closing price as of October 30, 2025, and a 26% premium based on the volume-weighted average price over the preceding 20 trading days [8]. - The transaction is expected to close in the first quarter of 2026, pending necessary approvals [9]. Market Reaction - Following the acquisition announcement, Probe Gold's stock surged to C$3.65, marking a gain of 38.78% with a trading volume of 2.4 million shares [5].

Core Points - Sokoman Minerals Corp. has successfully closed a bought deal private placement offering, raising gross proceeds of $26,221,750 [1][2] - The offering included the sale of 53,000,000 common shares and 60,950,000 flow-through shares, with the latter qualifying as "flow-through mining expenditures" under the Tax Act [8] - The proceeds will be allocated for property acquisitions, working capital, and general corporate purposes, with specific expenditures to be incurred by December 31, 2026 [2] Offering Details - The offering was led by Canaccord Genuity Corp. and BMO Capital Markets, with a cash commission of $1,073,305 paid to the underwriters and 3,679,105 broker warrants issued [3] - A director of the company participated in the offering, acquiring 130,000 common shares, which is classified as a related party transaction but is exempt from certain formal requirements [4] - The common shares and flow-through shares are subject to a four-month hold period under Canadian securities laws and are pending final approval from the TSX Venture Exchange [5] Financial Breakdown - The common shares were sold at a price of $0.19 per share, generating gross proceeds of $10,070,000, while the flow-through shares were sold at $0.265 per share, generating gross proceeds of $16,151,750 [8]

Core Viewpoint - Wallbridge Mining Company Limited has successfully closed a public offering, raising gross proceeds of C$15.14 million through the issuance of Charity Flow-Through Units and Hard Dollar Units, with the funds aimed at advancing its Fenelon and Martiniere projects and for general corporate purposes [1][5]. Group 1: Offering Details - The Offering included 65,000,000 Charity Flow-Through Units priced at C$0.15 each, 49,000,000 Hard Dollar Units priced at C$0.11 each, and 980,363 Warrants priced at $0.00001 each, with the Hard Dollar Units including 4,000,000 units from an over-allotment option [1][2]. - Each Charity Flow-Through Unit consists of one common share and one common share purchase warrant, while each Hard Dollar Unit consists of one common share and one warrant [2]. - The warrants allow holders to purchase one common share at an exercise price of C$0.15 for a period of 36 months following the closing date [3]. Group 2: Agnico Eagle Mines Limited Participation - Agnico Eagle Mines Limited has agreed to subscribe for 6,275,897 Hard Dollar Units at a price of $0.11 per unit, resulting in gross proceeds of $690,349 [4]. - The Agnico Private Placement is expected to close on the same day and is subject to customary closing conditions [4]. Group 3: Use of Proceeds - The net proceeds from the Offering and the Agnico Private Placement will be utilized for the advancement of the Fenelon and Martiniere projects, as well as for general corporate purposes [5]. - Following the Offering, the Company's cash balance is approximately $31 million as of October 31, 2025 [5]. Group 4: Company Overview - Wallbridge Mining focuses on the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a mineral property position of 598 km along the Detour-Fenelon gold trend [7].

Core Viewpoint - Wallbridge Mining Company Limited has successfully closed a public offering, raising gross proceeds of C$15.14 million through the issuance of Charity Flow-Through Units and Hard Dollar Units, with the funds aimed at advancing its mining projects and general corporate purposes [2][6]. Offering Details - The Offering included 65,000,000 Charity Flow-Through Units priced at C$0.15 each, 49,000,000 Hard Dollar Units priced at C$0.11 each, and 980,363 Warrants priced at $0.00001 each, with the latter issued under an over-allotment option [2][3]. - The total gross proceeds from the Offering amounted to C$15.14 million, facilitated by BMO Capital Markets as the sole bookrunner [2][4]. Agnico Eagle Mines Participation - Agnico Eagle Mines Limited has agreed to subscribe for 6,275,897 Hard Dollar Units at a price of $0.11 each, contributing an additional gross amount of $690,349 through a private placement [5]. Use of Proceeds - The net proceeds from the Offering and the Agnico Private Placement will be allocated towards the advancement of the Fenelon and Martiniere projects, as well as for general corporate purposes, resulting in a cash balance of approximately $31 million as of October 31, 2025 [6]. Company Overview - Wallbridge Mining focuses on the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a mineral property position of 598 km² along the Detour-Fenelon gold trend, which includes the Fenelon Gold Project and the Martiniere Gold Project [8].

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to announce that it has closed its previously-announced bought deal private placement pursuant to which NexGold issued 69,445,000 units of the Company (the “Units”) at a price of C$1.44 per Unit for aggregate gross proceeds of C$100,000,800, and 7,944,000 flow-through shares (the “ ...

Core Points - NexGold Mining Corp. has successfully closed a bought deal private placement, issuing 69,445,000 units at C$1.44 per unit for total gross proceeds of C$100,000,800, and 7,944,000 flow-through shares at C$1.58 per share for total gross proceeds of C$12,551,520 [1][2] Group 1: Offering Details - The offering was led by National Bank Financial Inc., with BMO Capital Markets and Red Cloud Securities Inc. as underwriters, who received a 5.0% cash commission on gross proceeds, except for a reduced 2.5% commission on $10,000,000 worth of units sold to certain purchasers [2] - The net proceeds from the units will be allocated to the development of the Goldboro Gold Project and for general corporate and working capital purposes, while proceeds from the flow-through shares will be used for Canadian exploration expenses qualifying as flow-through mining expenditures by December 31, 2026 [3] Group 2: Insider Participation - Insiders subscribed for a total of 287,500 units for gross proceeds of $414,000 and 178,000 flow-through shares for gross proceeds of $281,240, which are considered related party transactions [5] Group 3: Company Overview - NexGold is a gold-focused company with assets in Canada and Alaska, including the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex in Northwestern Ontario, as well as other projects across Canada [7]