Workflow
Gold Exploration
icon
Search documents
Exploits Increases and Closes Final Tranche of Its Flow Through Share Private Placement
TMX Newsfile· 2025-12-30 22:01
Core Viewpoint - Exploits Discovery Corp. has successfully closed the final tranche of its non-brokered private placement, raising an additional $690,750 through the issuance of 9,210,000 flow-through common shares at a price of $0.075 per share [1]. Group 1: Financing Details - The final tranche of the financing is subject to a hold period expiring on April 30, 2026, in accordance with Canadian securities laws [1]. - The gross proceeds from the financing will be used for eligible Canadian exploration expenses, specifically for flow-through mining expenditures in Québec and Ontario [2]. - The company will incur these qualifying expenditures on or before December 31, 2026, and will renounce them to the subscribers of the flow-through shares by December 31, 2025, for an amount not less than the gross proceeds raised [3]. Group 2: Finder's Fees and Participation - The company paid a total cash finder's fee of $37,170 in connection with the financing, with no finder's warrants issued [4]. - Directors and officers of the company participated in the financing, relying on exemptions from minority approval and valuation requirements under MI 61-101 [4]. Group 3: Company Overview - Exploits Discovery Corp. is a Canadian gold exploration company focused on expanding its resources in top-tier mining jurisdictions in Québec and Ontario, with approximately 680,000 ounces of historical gold resources across its projects [6]. - The company's strategy aims to unlock district-scale potential through systematic exploration and strategic partnerships, thereby creating shareholder value through discovery and resource growth [6].
Aben Gold Receives First Payment of Option Agreement
Globenewswire· 2025-12-30 12:00
Vancouver, BC, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Aben Gold Corp. (TSX-V: ABM) (OTCID: ABNAF) (Frankfurt: ML1) (“Aben” or “the Company”) is pleased to announce that it has received the first payment in regards to the option agreement (the “Agreement”) with Kingfisher Metals Corp. (“Kingfisher” or the “Optionee”). See News Release dated December 4th, 2025. The transaction closed on December 23rd, 2025 and a payment of $150,000 CAD and 1,886,792 Kingfisher shares has been received by the Company. The Option A ...
Trojan Gold Inc. Clarifies Status of Its Non-Brokered Unit Offering
TMX Newsfile· 2025-12-24 21:00
Toronto, Ontario--(Newsfile Corp. - December 24, 2025) - Trojan Gold Inc. (CSE: TGII) (the "Company") wishes to clarify, further to its press release dated December 23, 2025 that it has not closed the placement but intends to close the placement on or about December 31, 2025. As noted, this will be a non-brokered private placement of units ("Units") through the issuance of 2,000,000 Units at a price of $0.10 per Unit for total gross proceeds of $200,000. The aggregate subscription price of $200,000 has bee ...
Exploits Closes Charity Portion of its Flow Through Financing with Quebec Funds
TMX Newsfile· 2025-12-24 18:34
Core Viewpoint - Exploits Discovery Corp. has successfully closed the charity portion of its flow-through non-brokered private placement, raising approximately $1.45 million to fund its exploration activities in Québec [1][2]. Group 1: Financing Details - The company issued a total of 16,666,666 flow-through common shares at a price of $0.087, resulting in total proceeds of $1,449,999.94 [1]. - The shares are subject to a hold period expiring on April 25, 2026, in accordance with Canadian securities laws [1]. - A cash finder's fee of $28,000 was paid to eligible finders, with no finder's warrants issued [5]. Group 2: Use of Proceeds - The gross proceeds from the financing will be allocated to eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" in connection with the company's exploration portfolio in Québec [3]. - The company plans to incur these qualifying expenditures on or before December 31, 2026, and will renounce them to the subscribers of the Charity FT Shares by December 31, 2025 [4]. Group 3: Company Strategy and Operations - The financing is seen as an endorsement of the company's strategy in Québec, enabling the execution of its winter drilling program on high-priority targets [2]. - Exploits Discovery is focused on advancing its gold projects in Québec, which include approximately 680,000 ounces of historical gold resources across multiple projects [9].
Trojan Gold Inc. Closes a Non-Brokered Unit Offering
TMX Newsfile· 2025-12-23 22:44
Core Viewpoint - Trojan Gold Inc. has successfully closed a non-brokered private placement, raising a total of $200,000 through the issuance of 2,000,000 units at a price of $0.10 per unit [1][2]. Group 1: Private Placement Details - The units consist of one common share and one common share purchase warrant, with each warrant allowing the purchase of an additional common share at an exercise price of $0.15 for 24 months [2]. - The total gross proceeds from the private placement were satisfied by amounts previously advanced to the company [1]. - All securities issued are subject to a four-month and one-day hold period from the closing date, and no finders' fees were paid [3]. Group 2: Related Party Transaction - The issuance of the units is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from valuation and minority approval requirements [4]. - The fair market value of the transaction does not exceed 25% of the company's market capitalization, allowing the company to proceed without additional approvals [4]. Group 3: Company Overview - Trojan Gold Inc. is a junior exploration company based in Ontario, focusing on mineral exploration in the Hemlo Gold Camp and Shebandowan Greenstone Belt [5]. - The company is led by a team with expertise in exploration, engineering, project financing, and permitting [5]. - Trojan Gold is listed on the Canadian Securities Exchange under the symbol CSE: TGII and on the Frankfurt Exchange under the symbol KC1 [5].
Pelangio Exploration Announces Receipt of $1,395,933 in Proceeds from Warrant Exercise
TMX Newsfile· 2025-12-23 22:30
Toronto, Ontario--(Newsfile Corp. - December 23, 2025) - Pelangio Exploration Inc. (TSXV: PX) (OTC Pink: PGXPF) ("Pelangio" or the "Company") announces that it has received gross proceeds of $1,395,933.35 from the exercise of 27,918,667 common share purchase warrants at an exercise price of $0.05 per warrant. The Company issued 27,918,667 common shares upon exercise of these warrants.The Company intends to apply the proceeds to advancing its projects and for general working capital and corporate purposes. ...
Tajiri Resources Announces Results of AGM
TMX Newsfile· 2025-12-22 21:07
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Tajiri Resources Corp. (TSXV: TAJ) (the "Company") is providing results from the Company's Annual General Meeting of Shareholders held December 22nd in New Westminster, British Columbia, Canada. During the meeting shareholders of the Company unanimously: Appointed De Visser Gray LLP as the auditor of the Company for the financial year ending April 30, 2026, and authorized the board of directors to fix the remuneration of the auditor;Ratifi ...
Mineral Road to Acquire Additional Interest in Golcap Resources
TMX Newsfile· 2025-12-22 21:05
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Mineral Road Discovery Inc. (CSE: ROAD) (the "Company" or "ROAD") announces that it has entered into an agreement to acquire a further 2,000,000 shares of Golcap Resources Corp. (CSE: GCP) ("GCP") from a related party seller (the "Share Purchase Agreement"), representing an additional 6.2% of GCP, in consideration for 5,000,000 units of ROAD, with each ROAD unit issued at a deemed value of $0.10 per ROAD unit consisting of one common share ...
Roscan Gold Announces Fully Subscribed C$1.5 Million Note Financing Led by Strategic Investor and Board Director Michael Gentile
TMX Newsfile· 2025-12-18 15:08
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") today announced that the Company has entered into a binding term sheet for a fully subscribed financing of C$1.5 Million through the private placement (the "Private Placement") of a secured convertible note (the "Secured Convertible Note" or the "Note") of the Company with a group of investors (the "Note Holders"). The Notes will carry a 12% coupon over a one (1 ...
Beauce Gold Fields Achieves 88% Drill Success Rate at the Grondin Zone. 3-D Interpretation Confirms 600 M Mineralized Corridor
Thenewswire· 2025-12-17 13:35
Core Insights - Beauce Gold Fields has achieved a significant milestone with the completion of a Leapfrog™ 3-D geological model for the Grondin Zone, enhancing the understanding of its gold-bearing structures [1][2][10] - The model integrates drill data from 2023 and 2025, providing a three-dimensional visualization of the antiform-saddle reef mineralized system, which has been traced over an 8-km geophysical signature [1][4] - The company reported an impressive 88% drill success rate across its recent campaigns, significantly higher than the typical 20-40% success rate for early-stage gold exploration [5][7] Geological Model Highlights - The 3-D model incorporates various geological data, including digitized drill sections, gold assay intervals, and lithological logs, resulting in a high-resolution visualization of the mineralized system [4][10] - Gold-bearing intervals range from 0.200 ppm to 11 ppm, with a mineralized strike length of 600 meters confirmed [4][5] - The model indicates mineralization extends to depths of approximately 40 meters and remains open along strike and at depth [5][10] Drill Results - A total of 14 out of 16 drill holes returned gold grades of 0.3 g/t Au or higher, confirming the presence of a robust, continuous mineralized corridor [7][8] - Detailed drill results from 2023 and 2025 show various intervals with significant gold concentrations, including notable assays of 11.4 g/t and 8.85 g/t [6][8] - The company plans to utilize the new model to refine drill targeting for the upcoming winter campaign [2][11] Future Exploration Plans - The company intends to deploy a borehole televiewer to determine the precise dip and orientation of gold-bearing structures, which will aid in optimizing deeper drilling efforts [10] - Upcoming exploration will focus on step-out drilling to test lateral continuation along the 600-meter corridor and deeper drilling beyond the confirmed vertical extent of mineralization [11][12] - Integration of new geophysical, geochemical, and historical data sets will further enhance exploration strategies [11][12]