TORONTO, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR) (“Q-Gold” or the “Company”) is pleased to announce that it has closed its previously announced private placement offering of subscription receipts (each, a “Subscription Receipt”). Pursuant to an agency agreement dated October 3, 2025 (the "Agency Agreement") between the Company and BMO Capital Markets, as agent (the "Agent"), the Company issued a total 76,666,667 Subscription Receipts at a price of $0.15 per Subscription Receipt f ...

Core Viewpoint - Midnight Sun Mining Corp. has announced a bought deal financing agreement to raise C$10,000,800 through the sale of 7,408,000 units at C$1.35 per unit, with the offering expected to close on or about October 28, 2025 [1][6]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.00 for 24 months [2]. - The company has granted the underwriters an option to purchase an additional 15% of the offering, potentially raising up to C$1,500,120 [3]. - The net proceeds will be used for advancing exploration in Zambia and for working capital and general corporate purposes [3]. Group 2: Regulatory and Compliance Information - The units will be offered in all Canadian provinces except Québec, with no resale restrictions under the LIFE Exemption, while units under Private Placement Exemptions will have a hold period of four months and one day [4][5]. - The offering is subject to necessary approvals, including conditional listing approval from the TSX Venture Exchange [6]. Group 3: Compensation and Fees - The company will pay the underwriters a cash commission of 6.0% of the gross proceeds and issue transferable compensation options equal to 6.0% of the aggregate number of units sold [7]. Group 4: Company Overview - Midnight Sun is focused on exploring the Solwezi Project in Zambia, located in the Zambia-Congo Copperbelt, a major copper-producing region [10]. - The project is adjacent to significant copper mining operations, including First Quantum's Kansanshi Mine, and aims to discover and develop new copper deposits [10].

Core Points - ESGold Corp. has successfully closed a private placement offering, raising gross proceeds of C$8,000,000 through the sale of 10,666,667 units at a price of C$0.75 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at C$1.10 until September 18, 2028 [2] - The net proceeds will be utilized for advancing the Montauban Project in Québec and for general working capital [3] Offering Details - The offering was conducted under National Instrument 45-106, allowing for the issuance of units to Canadian and U.S. purchasers [4] - The agent for the offering, Red Cloud Securities Inc., received cash fees of C$460,867.50 and 614,490 broker warrants, which are also exercisable at the offering price until September 18, 2028 [5] - The securities issued are not registered under the U.S. Securities Act and cannot be sold to U.S. persons without proper registration or exemption [7] Company Overview - ESGold Corp. is a pre-production resource company focused on clean mining and exploration, with its flagship Montauban property located 80 kilometers west of Quebec City [10] - The company aims to combine near-term production with district-scale discovery potential, emphasizing responsible mining practices [10]

Core Viewpoint - Emperor Metals Inc. has increased its private placement offering to up to $10,000,000 due to strong investor demand [1] Offering Details - The offering will consist of Common Units and Flow-Through (FT) Units, with a maximum of 15,000,000 Common Units priced at $0.20 each and up to 25,000,000 FT Units priced at $0.28 each, aiming for gross proceeds of $3,000,000 and $7,000,000 respectively [9] - The Agents have an option to increase the offering size by an additional 15% prior to closing [2] - Each Common Unit includes one Common Share and one-half of a Warrant, while each FT Unit includes one FT Share and one-half of a Warrant [3] Regulatory and Compliance - The Offered Securities will be available under the "listed issuer financing exemption" in Canada and may also be offered in the U.S. and other jurisdictions through private placements [4] - The securities issued under the offering are not expected to be subject to a hold period in Canada [5] Use of Proceeds - The net proceeds from the offering will be allocated to advance the Duquesne West Project and Lac Pelletier Project in Quebec, along with general administrative expenses and working capital [7] Agent Compensation - The Corporation will pay the Agents a cash commission of 6.0% of the gross proceeds and issue warrants to acquire Common Shares equal to 6.0% of the total number of Offered Securities [8] Company Overview - Emperor Metals Inc. is focused on high-grade gold exploration and development in Quebec's Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques [11] - The company aims to unlock the resource potential of its Duquesne West Gold Project and Lac Pelletier Project [11]

Group 1 - Silver X Mining Corp. has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter for a syndicate of underwriters [1] - The underwriters will purchase 20,000,000 units of the company at a price of C$0.50 per unit [1] - The offering is expected to generate gross proceeds of C$10,000,000 [1] Group 2 - Each unit will consist of one common share and one-half common share purchase warrant [1]

Core Viewpoint - Ming Shing Group Holdings Limited has announced a significant business development involving the purchase of 4,250 Bitcoins for a total consideration of approximately US$482.96 million, aiming to enhance its asset base and shareholder value [2][8]. Group 1: Bitcoin Purchase Agreement - The Company has entered into a Bitcoin Purchase Agreement with Winning Mission Group Limited for the acquisition of 4,250 Bitcoins at an average price of US$113,638 per Bitcoin, with the transaction expected to close by December 31, 2025 [2]. - The payment will be made through a convertible promissory note and a warrant to purchase Ordinary Shares of the Company [2][3]. Group 2: Assignment Agreement - Concurrently, an Assignment Agreement was established where the Seller assigns 50% of the value of the consideration to Rich Plenty Investment Limited, resulting in the issuance of convertible promissory notes and warrants to both the Seller and the Assignee [3][4]. Group 3: Convertible Promissory Note - The Company will issue a convertible promissory note to both the Seller and the Assignee, each with a principal amount of US$241.48 million, maturing in 120 months with an interest rate of 3% per annum [4][5]. Group 4: Warrant Details - The Company will issue warrants to purchase up to 201,233,958 Ordinary Shares at an exercise price of US$1.25 per share, exercisable for 12 years from the issuance date [6][7]. Group 5: Company Overview - Ming Shing Group Holdings Limited is primarily engaged in wet trades works in Hong Kong, including plastering, tile laying, and marble works, with a mission to become a leading service provider in both Hong Kong and the United States [8].

Core Viewpoint - Pacific Ridge Exploration Ltd. has announced a private placement agreement with Red Cloud Securities Inc. to raise up to C$4,000,000 through the sale of Units and Flow-Through Units for exploration and working capital purposes [1][4]. Offering Details - The Offering will consist of Units priced at C$0.20 and Flow-Through Units priced at C$0.23, with gross proceeds expected to be C$3,000,000 and C$1,000,000 respectively [8]. - Each Unit includes one common share and one common share purchase warrant, while each Flow-Through Unit consists of one flow-through share and one warrant [1][2]. Use of Proceeds - The net proceeds from the Offering will be allocated for continued drilling at the RDP copper-gold project and a restart of drilling at the Kliyul copper-gold project, along with general working capital [4]. Regulatory Compliance - The Offering will comply with applicable regulatory requirements and will be offered to purchasers in specific Canadian provinces, with potential offerings in the U.S. under certain exemptions [6][11]. Closing Date - The Offering is anticipated to close on or about August 29, 2025, subject to necessary regulatory approvals [10]. Company Background - Pacific Ridge aims to become a leading copper exploration company in British Columbia, with key projects including Kliyul and RDP, among others [12].

Core Viewpoint - Purepoint Uranium Group Inc. has increased its non-brokered private placement offering size from $3,000,000 to $5,000,000 due to strong investor demand [1] Group 1: Offering Details - IsoEnergy Ltd. intends to invest $1,000,000 in support of Purepoint's financing efforts [2] - The offering will include warrants allowing holders to purchase common shares at an exercise price of $0.50 per share for 24 months [2] - The gross proceeds will be used for Canadian Exploration Expenses related to the exploration program in the Athabasca Basin [4] Group 2: Regulatory and Compliance - IsoEnergy's participation is considered a "related party transaction" under MI 61-101, as it holds 10.6% of Purepoint's common shares [3] - The company is exempt from obtaining a formal valuation or minority shareholder approval for IsoEnergy's participation [3] - A material change report will be filed regarding IsoEnergy's participation less than 21 days before the offering closes [3] Group 3: Offering Structure - The offering includes Saskatchewan flow-through units priced at $0.65, national flow-through units at $0.59, and traditional flow-through units also at $0.59 [8] - Each unit consists of one common share and one warrant [8] Group 4: Company Overview - Purepoint Uranium Group Inc. is focused on uranium exploration in the Athabasca Basin, partnering with industry leaders like Cameco Corporation and Orano Canada Inc. [6] - The company also holds a promising VHMS project adjacent to Foran Corporation's McIlvena Bay project [7]

Core Points - Terra Balcanica Resources Corp. has successfully closed the second and final tranche of its private placement, raising gross proceeds of C$302,581 through the issuance of 3,025,809 units at a price of C$0.10 per unit, bringing the total offering amount to C$1,117,495 [1][2][3] Financing Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant exercisable at C$0.20 for a period of 24 months from the closing date [1] - The initial tranche of the offering was closed on July 11, 2025, raising C$814,914 through the issuance of 8,149,141 units [1] - Finders' fees of C$7,000 were paid, and 70,000 non-transferable finder's warrants were issued, also exercisable at C$0.20 for 24 months [1][2] Insider Participation - Kim Oishi, a director of the company, purchased 25,809 units in the final tranche, which is classified as a related party transaction [2] - The participation of the insider was approved by independent directors, and it does not materially change the percentage of outstanding securities owned by the insider [2] Regulatory Compliance - The private placement was conducted under the listed issuer financing exemption, and the securities issued are not subject to a hold period under Canadian securities laws [3] - However, the finder's warrants and the common shares issuable upon their exercise are subject to a hold period expiring on December 14, 2025 [3] Company Overview - Terra Balcanica is focused on polymetallic and energy metals exploration, targeting large-scale mineral systems in the Balkans and northern Saskatchewan, Canada [5] - The company holds a 90% interest in the Viogor-Zanik Project in Bosnia and has a 100% optioned portfolio of uranium-prospective licenses in Canada [5] - The company emphasizes responsible engagement with local communities and is committed to sustainable practices [5]

Core Viewpoint - Stack Capital Group Inc. has successfully closed a private placement offering, raising a total of $35 million through two concurrent offerings, the LIFE Offering and a Concurrent Private Placement [1][4]. Group 1: Offering Details - The LIFE Offering generated gross proceeds of $20 million by issuing 1,454,545 units at a price of $13.75 per unit [1]. - The Concurrent Private Placement raised $15 million by issuing 1,090,909 units at the same offering price [1]. - Each unit consists of one common share and one-quarter of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $17.00 for 24 months [2]. Group 2: Regulatory and Trading Information - The LIFE Offering was conducted under the listed issuer financing exemption, allowing immediate trading of the unit shares and warrants under Canadian securities legislation [3]. - Units from the Concurrent Private Placement are also immediately freely tradeable, as they were issued in compliance with applicable securities laws [3]. Group 3: Use of Proceeds - The net proceeds from the Offering will be utilized for investments aligned with the company's investment principles and for general corporate and working capital purposes [4]. Group 4: Insider Participation - Certain insiders purchased a total of 9,162 units under the Offering, which is classified as a related party transaction, but exemptions from formal valuation and minority shareholder approval were applied [5]. Group 5: Company Overview - Stack Capital Group Inc. is an investment holding company focused on investing in equity, debt, and other securities of growth-to-late-stage private businesses, providing shareholders with exposure to a diversified private investment portfolio [7].