Welcome to our dedicated page for Advanced Gold news (Ticker: AUHID), a resource for investors and traders seeking the latest updates and insights on Advanced Gold stock.
News related to Advanced Gold Exploration Inc. (OTC Pink: AUHID) highlights the activities of a Canadian mineral exploration company focused on undervalued gold and copper projects. Company announcements describe exploration programs, property updates, and financing transactions that support its strategy of acquiring and advancing historically explored mineral assets.
Recent news has featured work at the company’s 100% owned Buck Lake property in Northern Ontario, where Advanced Gold reports copper, silver, and zinc mineralization in a VMS-type geological environment. Updates have included the commencement of follow-up drill programs, details on drilling meters planned, and geological context such as the presence of massive and semi-massive sulphide zones associated with a long EM anomaly.
Investors can also find coverage of corporate and capital markets developments. The company has issued releases on non-brokered private placements of units comprising common shares and share purchase warrants, explaining the intended use of proceeds for general corporate and working capital purposes. Some financings have been characterized as related party transactions under Canadian securities rules, with explanations of the regulatory framework and board approvals.
Governance and leadership changes are another recurring theme in Advanced Gold’s news flow. The company has reported appointments and resignations of directors, noting the experience and background new board members bring in areas such as investment, corporate governance, and resource-intensive industries.
By following this news feed, readers can monitor Advanced Gold’s exploration progress, financing activities, and board-level decisions as the company advances its portfolio of gold and copper properties and executes its exploration-focused business model.
Advanced Gold (OTC:AUHID) announced a board change and a non-brokered private placement on December 16, 2025. The company appointed Shahab Samimi to the board and accepted the resignation of Rodney Ireland.
The Company intends to raise up to 2,000,000 units at $0.15 per unit for gross proceeds up to $300,000. Each unit includes one common share and one-half warrant; each whole warrant will allow purchase of one common share at $0.20 for two years. Securities will be subject to a four-month plus one day hold period. Proceeds are for general corporate and working capital purposes. Closing is subject to regulatory approvals, including the Canadian Securities Exchange, and the Company may pay finder fees up to 10% of funds raised.
Advanced Gold Exploration (OTC Pink: AUHID) has begun a follow-up diamond drill program on its 100% owned Buck Lake property in Ontario, targeting a VMS-style copper-silver system.
The fully permitted property covers 3,886 hectares. The program includes at least 500 metres of drilling to test extensions of 2022 high-grade copper intercepts (best: 4.59% Cu over 3.2 m within 11.75 m at 1.51% Cu) and silver values up to 98 g/t.
The mineralized zone lies inside a 3,000-metre EM anomaly of which ~500 metres was previously tested; assays will be released when available.
Advanced Gold (AUHID) closed a non‑brokered private placement on November 27, 2025, issuing 5,000,000 Units at $0.05 per Unit for aggregate gross proceeds of $250,000. Each Unit comprised one common share and one‑half warrant; each whole warrant exercisable at $0.065 for two years. Proceeds are for general corporate and working capital purposes. Securities are subject to a four‑month plus one day hold period.
Insiders subscribed for 2,800,000 Units, and finder fees totalled $8,500 cash plus 170,000 common shares.
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