Dynasty Gold Announces Non-Brokered Private Placement Up to $1 Million
Dynasty Gold Corp. (DGDCF) has announced plans for a non-brokered private placement to raise up to $1 million through a combination of share offerings. The financing includes flow-through shares at $0.165, charity flow-through shares at $0.185, and non-flow-through shares at $0.125, each with half-warrants exercisable at $0.25 for two years. The company will use proceeds from flow-through offerings to advance its Thundercloud gold project in Ontario, where recent drilling has identified high-grade gold shoots in the Pelham Zone and new surface mineralization. The first tranche is expected to close by May 16, 2025, with a four-month hold period on units.
Dynasty Gold Corp. (DGDCF) ha annunciato un piano per un collocamento privato senza intermediari volto a raccogliere fino a 1 milione di dollari tramite un'offerta combinata di azioni. Il finanziamento prevede azioni flow-through a 0,165$, azioni flow-through a scopo benefico a 0,185$ e azioni non flow-through a 0,125$, ciascuna con warrant pari a met脿 azione esercitabili a 0,25$ per due anni. La societ脿 utilizzer脿 i proventi delle offerte flow-through per avanzare nel suo progetto aurifero Thundercloud in Ontario, dove recenti perforazioni hanno identificato vene d'oro ad alta concentrazione nella zona di Pelham e nuova mineralizzazione superficiale. La prima tranche 猫 prevista per la chiusura entro il 16 maggio 2025, con un periodo di blocco di quattro mesi sulle unit脿.
Dynasty Gold Corp. (DGDCF) ha anunciado planes para una colocaci贸n privada sin intermediarios para recaudar hasta 1 mill贸n de d贸lares mediante una combinaci贸n de ofertas de acciones. La financiaci贸n incluye acciones flow-through a 0,165$, acciones flow-through ben茅ficas a 0,185$ y acciones no flow-through a 0,125$, cada una con medio warrant ejercitable a 0,25$ durante dos a帽os. La compa帽铆a utilizar谩 los ingresos de las ofertas flow-through para avanzar en su proyecto aur铆fero Thundercloud en Ontario, donde recientes perforaciones han identificado vetas de oro de alta ley en la Zona Pelham y nueva mineralizaci贸n superficial. Se espera que el primer tramo cierre antes del 16 de mayo de 2025, con un periodo de retenci贸n de cuatro meses sobre las unidades.
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Dynasty Gold Corp. (DGDCF) a annonc茅 son projet de placement priv茅 sans courtier visant 脿 lever jusqu'脿 1 million de dollars gr芒ce 脿 une combinaison d'offres d'actions. Le financement comprend des actions flow-through 脿 0,165$, des actions flow-through caritatives 脿 0,185$ et des actions non flow-through 脿 0,125$, chacune accompagn茅e de demi-warrants exer莽ables 脿 0,25$ pendant deux ans. La soci茅t茅 utilisera les fonds issus des offres flow-through pour faire avancer son projet aurif猫re Thundercloud en Ontario, o霉 des forages r茅cents ont identifi茅 des filons d'or 脿 haute teneur dans la zone de Pelham ainsi qu'une nouvelle min茅ralisation en surface. La premi猫re tranche devrait se cl么turer d'ici le 16 mai 2025, avec une p茅riode de blocage de quatre mois sur les unit茅s.
Dynasty Gold Corp. (DGDCF) hat Pl盲ne f眉r eine nicht vermittelte Privatplatzierung angek眉ndigt, um bis zu 1 Million US-Dollar durch eine Kombination von Aktienangeboten zu beschaffen. Die Finanzierung umfasst Flow-Through-Aktien zu 0,165$, wohlt盲tige Flow-Through-Aktien zu 0,185$ und Nicht-Flow-Through-Aktien zu 0,125$, jeweils mit halben Warrants, die zu 0,25$ f眉r zwei Jahre aus眉bbar sind. Das Unternehmen wird die Erl枚se aus den Flow-Through-Angeboten nutzen, um sein Thundercloud-Goldprojekt in Ontario voranzutreiben, wo k眉rzliche Bohrungen hochgradige Goldadern in der Pelham-Zone und neue Oberfl盲chenmineralisierung identifiziert haben. Die erste Tranche soll bis zum 16. Mai 2025 abgeschlossen sein, mit einer viermonatigen Haltefrist f眉r die Einheiten.
- Proceeds will advance exploration at Thundercloud gold project where high-grade gold shoots were identified
- Recent drilling program discovered new surface mineralization south of Pelham Zone
- Multiple financing options available to attract different types of investors
- Share dilution through new share issuance
- Warrants could lead to further dilution if exercised
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC: DGDCF) ("Dynasty" or the "Company") is pleased to announce that, subject to Exchange approval, it plans to complete a non-brokered private placement for gross proceeds of up to
Dynasty is in the process of finalizing plans for its 2025 exploration program on its Thundercloud property, located approximately 47 km south-southeast of the town of Dryden in northwestern Ontario. The methodological approach taken by Dynasty's technical team in reviewing and analyzing historical data from past operators, along with the Company's own 7,400 meters of drilling data, has better defined high-grade gold shoots in the Pelham Zone and identified potential exploration targets to the south of Pelham, where new surface mineralization was first discovered during the 2024 fall drill program. A proposed drill program will be released shortly.
Each unit of FT share consists of one flow-through share at
The gross proceeds from the Flow-Through Offering will be used to incur "Canadian exploration expenses" that are "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) to advance the Corporation's Thundercloud gold project in Ontario. The net proceeds received from the non-flow-through Offering will be used for working capital.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian mineral exploration company currently focused on gold exploration in North America with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and in the Midas gold camp in Nevada. The Company is currently advancing its Thundercloud gold resource in northwest Ontario. A NI 43-101 Independent Technical Report, dated Sept. 27, 2021, can be found on the Company's and SEDAR+ websites. The
ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.
"Ivy Chong"_____________
Ivy Chong, President & CEO
For additional information, please contact:
Vancouver Office:
Ivy Chong
Phone: 604.633.2100
Email: [email protected]
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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FAQ
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