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Daura Gold (TSXV: DGC) closed an upsized, oversubscribed private placement of 28,000,000 units at $0.25 per unit for gross proceeds of $7,000,000 on October 9, 2025. Each unit includes one common share and one-half warrant; each full warrant is exercisable at $0.375 until October 9, 2027.
Proceeds are expected to be used to advance exploration in the Ancash Department of Peru, including the Antonella flagship project and the Yanamina project, and for general working capital. The company paid $218,277.50 in finders' fees and issued 1,782,970 finders' warrants plus 909,860 finders' units. All securities are subject to resale restrictions until February 10, 2026.
