Altamira Gold Receives $6.3 Million Through Exercise of Warrants
Altamira Gold (OTCQB: EQTRF) announced it raised $6,284,820 since September 1, 2025 through the exercise of warrants that expired on November 6, 2025. A total of 31,292,400 share purchase warrants and 131,700 broker's warrants were exercised at an exercise price of $0.20 each.
The company said the proceeds will fund its extensive drill program at Maria Bonita and the Central Resource area within the Cajueiro porphyry gold district in Brazil, plus drill testing of new targets identified over the past 18 months. A Qualified Person supervised and approved the technical information.
Altamira Gold (OTCQB: EQTRF) ha annunciato di aver raccolto 6.284.820 dollari dal 1 settembre 2025 attraverso l'esercizio di warrant scaduti il 6 novembre 2025. In totale sono stati esercitati 31.292.400 warrant di acquisto azioni e 131.700 warrant di broker a un prezzo di esercizio di 0,20 Dollari ciascuno.
La società ha dichiarato che i proventi finanzieranno il suo esteso programma di trivellazione presso e l'area Central Resource all'interno del distretto di oro porfirico Cajueiro in Brasile, oltre al collaudare di nuovi obiettivi identificati negli ultimi 18 mesi. Una Persona Qualificata ha supervisionato e approvato l'informazione tecnica.
Altamira Gold (OTCQB: EQTRF) anunció que recaudó 6,284,820 dólares desde el 1 de septiembre de 2025 mediante el ejercicio de warrants que expiraron el 6 de noviembre de 2025. Un total de 31,292,400 warrants de compra de acciones y 131,700 warrants de corredor fueron ejercidos a un precio de ejercicio de 0,20 dólares cada uno.
La empresa dijo que los ingresos financiarán su amplio programa de perforación en Maria Bonita y el área Central Resource dentro del distrito de oro porfírico Cajueiro en Brasil, además de pruebas de perforación de nuevos objetivos identificados en los últimos 18 meses. Una Persona Calificada supervisó y aprobó la información técnica.
Altamira Gold (OTCQB: EQTRF)는 2025년 9월 1일부터 2025년 11월 6일에 만료된 워런트의 행사로 6,284,820달러를 모금했다고 발표했습니다. 총 31,292,400주 모주권 워런트와 131,700 브로커 워런트가 각각 0.20달러의 행사가로 행사되었습니다.
회사는 이 수익이 브라질의 Cajueiro 골드 구역 내 Maria Bonita 및 Central Resource 지역의 광구에서의 광개발 확장 시추 프로그램과 지난 18개월 동안 확인된 새로운 표적의 시추 시험에 사용될 것이라고 밝혔습니다. 자격을 갖춘 인원이 기술 정보를 감독하고 승인했습니다.
Altamira Gold (OTCQB: EQTRF) a annoncé avoir levé 6 284 820 $ depuis le 1er septembre 2025 par l'exercice de bons de souscription arrivés à échéance le 6 novembre 2025. Un total de 31 292 400 bons d'achat d'actions et 131 700 warrants de courtier ont été exercés à un prix d'exercice de 0,20 $ chacun.
La société a déclaré que les fonds serviront à financer son programme d'exploration étendu à Maria Bonita et dans la zone Central Resource au sein du district porphyrique d'or Cajueiro au Brésil, ainsi que des forages pour tester de nouvelles cibles identifiées au cours des 18 derniers mois. Une Personne Qualifiée a supervisé et approuvé l'information technique.
Altamira Gold (OTCQB: EQTRF) gab bekannt, dass es seit dem 1. September 2025 bis zum 6. November 2025 durch Ausübung von Warrants, die am 6. November 2025 abgelaufen sind, 6.284.820 $ aufgenommen hat. Insgesamt wurden 31.292.400 Aktienkauf-Warrants und 131.700 Broker-Warrants zu einem Ausübungspreis von 0,20 $ pro Stück ausgeübt.
Das Unternehmen sagte, die Erlöse würden sein umfangreiches Bohrprogramm in Maria Bonita und dem Bereich Central Resource innerhalb des Cajueiro-Porphyr-Gold-Distrikts in Brasilien finanzieren, sowie Bohrversuche zur Prüfung neuer Ziele, die in den letzten 18 Monaten identifiziert wurden. Eine Qualified Person hat die technischen Informationen überwacht und genehmigt.
Altamira Gold (OTCQB: EQTRF) أعلنت أنها جمعت 6,284,820 دولاراً منذ 1 سبتمبر 2025 من خلال ممارسة خيارات/وورنتس انتهت صلاحيتها في 6 نوفمبر 2025. تم تنفيذ ما مجموعه 31,292,400 وورنت شراء أسهم و131,700 وورنت وسيط بسعر تمارين قدره 0.20 دولار لكل منها.
وقالت الشركة إن العائدات ستمول برنامج الحفر الموسع في Maria Bonita ومنطقة Central Resource ضمن منطقة Cajueirogi الذهبية البيروفيركية في البرازيل، بالإضافة إلى اختبار حفر لأهداف جديدة تم تحديدها خلال آخر 18 شهراً. أشرف شخص مؤهل على المعلومات الفنية ومَزَّدها بالموافقة.
- Proceeds raised: $6,284,820
- Warrants exercised: 31,292,400 share purchase warrants
- Broker warrants exercised: 131,700
- Designated use: funding extensive drill program at Maria Bonita and Central Resource
- New shares issued via exercised warrants: 31,424,100 (potential dilution)
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2025) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF) ("Altamira" or the "Company"), is pleased to announce that the Company has raised
Michael Bennett, President & CEO commented; "We are pleased to have the continued support of our shareholders as we advance drilling across our Cajueiro porphyry gold district in Brazil. The exercise of these warrants reflects the confidence of our shareholders in our expanding Cajueiro Porphyry Gold District. These funds will allow us to continue with our extensive drill program at Maria Bonita and the Central Resource area with the goal of increasing our current mineral resources in those zones, and to drill test several of the new target areas identified over the last 18 months. We look forward to advancing our exploration efforts and realising the potential of the Cajueiro district."
Qualified Person
Guillermo Hughes, FAIG and M Aus IMM., a consultant to the Company as well as a Qualified Person as defined by National Instrument 43-101, supervised and approved the preparation of the technical information in this news release.
About Altamira Gold Corp.
The Company is focused on the exploration and development of gold projects within western central Brazil, strategically advancing five projects spanning over 100,000 hectares within the prolific Juruena Gold Belt-an area that has historically yielded over 6 million ounces of placer gold3. The Company's advanced Cajueiro project contains two gold deposits. The central area comprises NI 43-101 resources of 5.66Mt @ 1.02 g/t gold for a total of 185,000 oz in the Indicated Resource category and 12.66Mt @ 1.26 g/t gold for a total of 515,000oz in the Inferred Resource category1. In addition, the Maria Bonita gold deposit comprises additional open pit Indicated Resources of 24.19Mt @ 0.46g/t for a total of 357,800oz, and Inferred Resources of 25.64Mt @ 0.44g/t for a total of 362,400oz2.
Ongoing exploration and fieldwork at Cajueiro indicate the presence of multiple porphyry gold systems, reinforcing its potential for district-scale development. These hard-rock gold sources align with historical alluvial gold production, highlighting the region's exceptional gold endowment and potential scalability. With two independently established mineral resources, a highly prospective geological setting and a track record of significant discoveries, the Company is well-positioned to unlock further value across its extensive land package.
1NI 43-101 Technical Report, Cajueiro Project, Mineral Resource Estimate: Global Resource Engineering, Denver ColoradoUSA, 10thOctober 2019; Authors K. Gunesch, PE; H. Samari, QP-MMSA; T. Harvey, QP-MMSA
2 NI43-101 Technical Report, Mineral Resource for the Maria Bonita Prospect: VMG Consultoria, Belo Horizonte, Minas Gerais, Brazil. 12th June 2025; Author V. Myadzel
3 Juliani, C. et al; Gold in Paleoproterozoic (2.1 to 1.77 Ga) Continental Magmatic Arcs at the Tapajós and Juruena Mineral Provinces (Amazonian Craton, Brazil): A New Frontier for the Exploration of Epithermal-Porphyry and Related Deposits. Minerals 2021, 11, 714. https://doi.org/10.3390/min11070714
On Behalf of the Board of Directors,
ALTAMIRA GOLD CORP.
"Michael Bennett"
Michael Bennett
President & CEO
Tel: 604.676.5661
info@altamiragold.com
www.altamiragold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The securities described herein have not been registered under the U.S. Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the U.S. Securities Act and any applicable state securities laws.
Forward-looking Statements
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company's proposed use of the warrant exercise funds and future plans for its mineral projects. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "intends" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.
Notes
Gold analysis has been conducted by SGS method FAA505 (fire assay of 50g charge), with higher grade samples checked by FAA525. Analytical quality is monitored by certified references and blanks. Until dispatch, samples are stored under the supervision the Company's exploration office. The samples are couriered to the assay laboratory using a commercial contractor. Pulps are returned to the Company and archived. Drill holes results are quoted as down-hole length weighted intersections.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273596
FAQ
How much did Altamira Gold (EQTRF) raise from warrant exercises on November 7, 2025?
How many warrants did Altamira Gold (EQTRF) exercise and at what price?
What will Altamira Gold (EQTRF) use the $6.28M to fund?
Did Altamira Gold (EQTRF) disclose who approved the technical information?
When were the warrants originally issued that were exercised by Altamira Gold (EQTRF)?
