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Evergold (OTC:EVGUF) closed a non-brokered private placement on April 6, 2026, raising $5,406,347.45 via 6,612,758 HD Units at $0.55 and 2,722,047 FT Shares at $0.65.
HD Units include 0.5 warrant (exercise $0.80, 24 months). FT proceeds will fund Canadian exploration, primarily the Golden Lion Project, with renunciation for fiscal 2026 and expenditures by Dec 31, 2027.
Evergold (OTC:EVGUF) announced an upsized non-brokered private placement increasing proceeds by $1,000,000 to up to $6,000,000. The offering comprises HD Units at $0.55 and FT Shares at $0.65. Closing is expected on or about April 1, 2026, subject to TSX Venture Exchange acceptance and regulatory approvals.
All securities will carry a statutory hold period of four months plus one day and are not registered for sale in the United States.
Evergold (OTC:EVGUF; TSX-V:EVER) announced a non-brokered private placement to raise up to $5,000,000 through hard-dollar units at $0.55 and flow-through shares at $0.65 to fund drilling and exploration at the Golden Lion project in northern Toodoggone, BC.
Proceeds from FT shares will be renounced for fiscal 2026 and qualifying expenditures incurred by December 31, 2027; closing is expected on or about April 1, 2026, subject to regulatory approvals.
Evergold Corp. (TSX-V: EVGUF) has initiated follow-up drilling at its DEM prospect in central B.C., building on last year's discovery of precious and strategic metals. The program aims to drill up to 1,000 meters across multiple holes, targeting a north-south geochemical and geophysical trend within the larger 4 km² DEM target area. The company is particularly excited about two high-order CSAMT anomalies with associated high IP chargeability, which may have been narrowly missed in the previous drilling season.
The 2023 reconnaissance drilling intercepted a structurally-focused, epithermal-style system with broad envelopes of anomalous to low-grade mineralization, including high-grade intervals of both precious and strategic elements. Highlights include 135 meters of 0.12 g/t Au in DEM23-01, very high-grade molybdenum (0.82%) with gold and rhenium credits in DEM23-02, and 48.2 meters of 0.58 g/t Au and 11 g/t Ag in DEM23-03.