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 Points - Sokoman Minerals Corp. has entered into an agreement for a "bought deal" private placement led by Canaccord Genuity Corp. [1] - The offering includes 53 million common shares at C$0.19 per share, aiming for gross proceeds of C$10.07 million, and 53 million flow-through shares at C$0.265 per share, targeting gross proceeds of C$14.05 million [8] - Eric Sprott, a major shareholder, has committed to participate in the offering [1] Offering Details - The underwriters have the option to purchase an additional 7,950,000 common shares for gross proceeds of $1,510,500 [2] - Net proceeds from the common shares will be used for property acquisitions, working capital, and general corporate purposes [3] - Gross proceeds from the flow-through shares will be allocated to incur qualifying expenditures as defined by the Tax Act [4] Tax and Regulatory Considerations - The company will incur Canadian exploration expenses that qualify as flow-through mining expenditures by December 31, 2026, with renouncement to initial purchasers by December 31, 2025 [4] - If the company fails to renounce the full amount of qualifying expenditures, it will indemnify subscribers for additional taxes incurred [5] - The offering is subject to regulatory approvals, including acceptance by the TSX Venture Exchange, and is expected to close around October 29, 2025 [6] Company Overview - Sokoman Minerals Corp. is focused on exploration along the Valentine Lake Fault zone in Newfoundland, with a primary project being the Treasure Island Gold Project [8]

Core Viewpoint - Dolly Varden Silver Corporation has entered into an agreement with underwriters for a total gross proceeds of $30,034,000 through a combination of securities offerings [1][2]. Group 1: Offering Details - The LIFE Offering will consist of Common Shares and CFT Shares, generating gross proceeds of $15,084,000, contributing to the total gross proceeds of $30,034,000 [2]. - The underwriters have an option to increase the size of the offerings by up to 15% to cover overallotments, exercisable up to 2 business days before closing [2]. - The offerings are expected to close around October 23, 2025, pending necessary regulatory approvals from the TSX Venture Exchange and NYSE American [4]. Group 2: Use of Proceeds - Net proceeds from the sale of Common Shares will be allocated for working capital and general corporate purposes [3]. - Gross proceeds from CFT Shares and FT Shares will be directed towards exploration, mineral resource expansion, and drilling at the Kitsault Valley project, along with working capital as permitted [3]. Group 3: Share Details - The offerings include 2,300,000 Common Shares at $6.50 each, 750,000 CFT Shares at $9.42 each, and 990,000 FT Shares at $8.10 each [8]. - FT Shares will be offered to accredited investors with a statutory hold period of four months and one day from closing [6]. Group 4: Existing Agreements - Hecla Canada Ltd. and Fury Gold Mines Ltd. have the right to acquire Common Shares at $6.50 each to maintain their pro rata equity interests in the Company [7].