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$, ciascuna con warrant pari a metà azione esercitabili a 0,25$ per due anni. La società utilizzerà 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 è prevista per la chiusura entro il 16 maggio 2025, con un periodo di blocco di quattro mesi sulle unità.
Dynasty Gold Corp. (DGDCF) ha anunciado planes para una colocación privada sin intermediarios para recaudar hasta 1 millón de dólares mediante una combinación de ofertas de acciones. La financiación incluye acciones flow-through a 0,165$, acciones flow-through benéficas a 0,185$ y acciones no flow-through a 0,125$, cada una con medio warrant ejercitable a 0,25$ durante dos años. La compañía utilizará los ingresos de las ofertas flow-through para avanzar en su proyecto aurífero Thundercloud en Ontario, donde recientes perforaciones han identificado vetas de oro de alta ley en la Zona Pelham y nueva mineralización superficial. Se espera que el primer tramo cierre antes del 16 de mayo de 2025, con un periodo de retención de cuatro meses sobre las unidades.
Dynasty Gold Corp. (DGDCF)는 중개인 없이 최대 100만 달러를 모금하기 위한 비공개 배정 계획을 발표했습니다. 이번 자금 조달은 주당 0.165달러의 플로우스루 주식, 0.185달러의 자선 플로우스루 주식, 0.125달러의 비플로우스루 주식으로 구성되며, 각각 2년간 행사 가능한 0.25달러 행사가격의 반 워런트를 포함합니다. 회사는 플로우스루 주식 판매 수익을 온타리오의 Thundercloud 금 프로젝트 진행에 사용할 예정이며, 최근 시추 작업에서 Pelham 구역의 고품위 금맥과 새로운 지표 광물화가 확인되었습니다. 첫 번째 분할 납입은 2025년 5월 16일까지 마감될 예정이며, 단위에는 4개월의 보유 기간이 적용됩니다.
Dynasty Gold Corp. (DGDCF) a annoncé son projet de placement privé sans courtier visant à lever jusqu'à 1 million de dollars grâce à une combinaison d'offres d'actions. Le financement comprend des actions flow-through à 0,165$, des actions flow-through caritatives à 0,185$ et des actions non flow-through à 0,125$, chacune accompagnée de demi-warrants exerçables à 0,25$ pendant deux ans. La société utilisera les fonds issus des offres flow-through pour faire avancer son projet aurifère Thundercloud en Ontario, où des forages récents ont identifié des filons d'or à haute teneur dans la zone de Pelham ainsi qu'une nouvelle minéralisation en surface. La première tranche devrait se clôturer d'ici le 16 mai 2025, avec une période de blocage de quatre mois sur les unités.
Dynasty Gold Corp. (DGDCF) hat Pläne für eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 1 Million US-Dollar durch eine Kombination von Aktienangeboten zu beschaffen. Die Finanzierung umfasst Flow-Through-Aktien zu 0,165$, wohltätige Flow-Through-Aktien zu 0,185$ und Nicht-Flow-Through-Aktien zu 0,125$, jeweils mit halben Warrants, die zu 0,25$ für zwei Jahre ausübbar sind. Das Unternehmen wird die Erlöse aus den Flow-Through-Angeboten nutzen, um sein Thundercloud-Goldprojekt in Ontario voranzutreiben, wo kürzliche Bohrungen hochgradige Goldadern in der Pelham-Zone und neue Oberflächenmineralisierung identifiziert haben. Die erste Tranche soll bis zum 16. Mai 2025 abgeschlossen sein, mit einer viermonatigen Haltefrist für 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: ichong@dynastygoldcorp.com
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251860
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