Provenance Gold Closes $4.5 Million Private Placement
Provenance Gold (OTCQB: PVGDF) closed a non-brokered private placement on October 28, 2025 raising $4,500,000 by issuing 18,000,000 units at $0.25 per unit. Each unit includes one common share and one-half warrant; full warrants are exercisable at $0.30 until October 27, 2030.
The company paid $156,000 and issued 624,000 broker warrants to an arm’s-length brokerage. Securities are restricted from resale until February 28, 2026, with additional agreed resale restrictions until October 27, 2026. The company also granted 1,530,000 stock options at an exercise price of $0.30 with a 60-month term and immediate vesting. Two drill rigs remain active at Eldorado West; assay results are pending.
Provenance Gold (OTCQB: PVGDF) ha chiuso un collocamento privato non brokerato in data 28 ottobre 2025 raccogliendo 4.500.000 dollari emettendo 18.000.000 quote a 0,25 dollari per quota. Ogni quota comprende una azione ordinaria e una mezza warrant; i warrant completi sono esercitabili a 0,30 dollari fino al 27 ottobre 2030.
La società ha pagato 156.000 dollari e emesso 624.000 warrant di intermediazione a una broker di parte non correlata. I titoli sono soggetti a restrizioni di rivendita fino al 28 febbraio 2026, con ulteriori restrizioni concordate fino al 27 ottobre 2026. La società ha inoltre concesso 1.530.000 stock option ad un prezzo di esercizio di 0,30 dollari con una durata di 60 mesi e immediata vestizione. Due sistemi di trivellazione rimangono attivi presso Eldorado West; i risultati delle prove sono in attesa.
Provenance Gold (OTCQB: PVGDF) cerró una colocación privada no intermediada el 28 de octubre de 2025 recaudando 4.500.000 dólares mediante la emisión de 18.000.000 unidades a 0,25 dólares por unidad. Cada unidad incluye una acción común y la medio warrant; los warrants completos son exercitables a 0,30 dólares hasta el 27 de octubre de 2030.
La empresa pagó 156.000 dólares y emitió 624.000 warrants de corretaje a una correduría de libre mercado. Los valores están restringidos para su reventa hasta el 28 de febrero de 2026, con restricciones de reventa adicionales acordadas hasta el 27 de octubre de 2026. La empresa también concedió 1.530.000 opciones sobre acciones a un precio de ejercicio de 0,30 dólares con un plazo de 60 meses y adquisición inmediata. Dos plataformas de perforación permanecen activas en Eldorado West; los resultados de los ensayos están pendientes.
Provenance Gold (OTCQB: PVGDF)은 2025년 10월 28일에 비브로커 비공개 배정을 마감하고 450만 달러를 조달했으며 0.25달러당 1,800만 유닛을 발행했습니다. 각 유닛은 보통주 1주와 반 개의 워런트를 포함합니다; 전체 워런트는 2030년 10월 27일까지 0.30달러에 행사 가능합니다.
회사는 중개수수료로 156,000달러를 지급했고 624,000 워런트를 비관련 중개사에 발행했습니다. 증권은 2026년 2월 28일까지 재판매 제한이 있으며, 추가 재판매 제한은 2026년 10월 27일까지 동의되었습니다. 또한 1,530,000주 옵션을 행사 가격 0.30달러로 부여했고 60개월의 기간과 즉시 취득권이 있습니다. Eldorado West에서 두 대의 시추 설비가 여전히 가동 중이며 시료 결과는 보류 중입니다.
Provenance Gold (OTCQB: PVGDF) a clôturé une placement privé non répercuté par un courtier le 28 octobre 2025, levant 4 500 000 dollars en émettant 18 000 000 d’unités à 0,25 dollars par unité. Chaque unité comprend une action ordinaire et une demi-warrant; les warrants complets sont exerçables à 0,30 dollars jusqu’au 27 octobre 2030.
La société a payé 156 000 dollars et émis 624 000 warrants de courtage à une société de courtage sans lien.
Les titres sont restreints à la revente jusqu’au 28 février 2026, avec des restrictions supplémentaires convenues jusqu’au 27 octobre 2026. La société a également accordé 1 530 000 options d’achat d’actions à un prix d’exercice de 0,30 dollar sur une période de 60 mois avec une prise d’effet immédiate. Deux plates-formes de forage restent actives à Eldorado West; les résultats des essais sont en attente.
Provenance Gold (OTCQB: PVGDF) hat eine nicht-brokerierte Privatplatzierung am 28. Oktober 2025 abgeschlossen und 4.500.000 Dollar durch die Ausgabe von 18.000.000 Einheiten zu 0,25 Dollar pro Einheit aufgenommen. Jede Einheit umfasst eine Stammaktie und eine halbe Warrant; volle Warrants sind bis zum 27. Oktober 2030 zu 0,30 Dollar ausübbar.
Das Unternehmen zahlte 156.000 Dollar und emittierte 624.000 Broker-Warrants an eine unabhängige Brokerage. Wertpapiere sind bis zum 28. Februar 2026 nicht handelbar, mit weiteren vereinbarten Weiterverkaufsbeschränkungen bis zum 27. Oktober 2026. Das Unternehmen gewährte außerdem 1.530.000 Aktienoptionen zu einem Ausübungspreis von 0,30 Dollar mit einer Laufzeit von 60 Monaten und sofortiger Vesting. Zwei Bohrgeräte bleiben in Eldorado West in Betrieb; die Probenresultate stehen aus.
Provenance Gold (OTCQB: PVGDF) أغلقت تخصيصًا خاصًا غير وسيط في 28 أكتوبر 2025 بجمع 4,500,000 دولار من خلال إصدار 18,000,000 وحدة بسعر 0.25 دولار للوحدة. تتضمن كل وحدة سهماً عاماً واحداً ونصف من الضمانات (وورانت). يمكن ممارسة كل وورنت كامل بسعر 0.30 دولار حتى 27 أكتوبر 2030.
دفعت الشركة 156,000 دولار وأصدرت 624,000 وورنت وسيط إلى شركة وساطة غير مرتبطة. تُقيَّد الأوراق المالية من إعادة البيع حتى 28 فبراير 2026 مع قيود إعادة بيع إضافية متفق عليها حتى 27 أكتوبر 2026. كما منحت الشركة 1,530,000 خيار أسهم بسعر تنفيذ 0.30 دولار لمدة 60 شهراً مع vesting فوري. تبقي جهازا حفر اثنان نشطان في Eldorado West؛ نتائج التحاليل في انتظارها.
Provenance Gold (OTCQB: PVGDF) 已在 2025年10月28日 完成一笔非经纪安排的私募发行，通过发行 18,000,000 股单位筹集 450万美元，每单位价格为 0.25 美元。每单位包含 1 股普通股和半张认股权证；完整的认股权证可在 2030年10月27日 前以 0.30 美元 行使。
公司向一家独立经纪公司支付 156,000 美元，并发行 624,000 张经纪人认股权证。证券在 2026年2月28日 前限制转售，另有至 2026年10月27日 的额外转售限制已达成一致。公司还授予 1,530,000 份股票期权，行权价为 0.30 美元，期限 60 个月并即时归属。Eldorado West 仍有两台钻机在运作；试验结果待定。
- Gross proceeds of $4,500,000
- Issued 18,000,000 units at $0.25 per unit
- Warrants exercisable at $0.30 until Oct 27, 2030
- Granted 1,530,000 stock options with immediate vesting
- Two drill rigs operating at Eldorado West
- Immediate dilution from 18,000,000 new shares
- Potential warrant overhang: broker warrants plus subscriber warrants exercisable at $0.30
- Paid $156,000 in cash fees to brokerage firm
- Resale restrictions limit liquidity until Feb 28, 2026 and additional agreed restrictions until Oct 27, 2026
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) ("Provenance" or the "Company") is pleased to announce the closing of its non-brokered private placement (the "Offering") for gross proceeds of
Upon closing, the Company issued 18,000,000 units (each, a "Unit") at a price of
In connection with closing the Offering, the Company paid
Stock Options
The Company also announces that it has granted 1,530,000 stock options to certain officers, directors and consultants of the Company. The options have an exercise price of
Ongoing Exploration
The Company continues to have two drill rigs operating at Eldorado West. Further assay results are pending.
About Provenance Gold Corp.
Provenance Gold Corp. is a precious metals exploration company with a focus on gold exploration within North America. The Company currently holds interests in Nevada, and eastern Oregon, USA. For further information please visit the Company's website at https://provenancegold.com or contact Rob Clark at rclark@provenancegold.com.
On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chairman
1-541-930-0986
Safe Harbor Statement: Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy or accuracy of this press release. This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272171
FAQ
How much did Provenance Gold (PVGDF) raise in the October 28, 2025 private placement?
How many units and at what price were issued in Provenance Gold's (PVGDF) offering on October 28, 2025?
What are the warrant terms from Provenance Gold's (PVGDF) October 2025 placement?
Did Provenance Gold (PVGDF) pay any fees or issue broker warrants for the October 2025 deal?
What resale or holding restrictions apply to securities from Provenance Gold's (PVGDF) October 2025 placement?
How many stock options did Provenance Gold (PVGDF) grant on October 28, 2025 and what are the terms?
Are Provenance Gold's (PVGDF) exploration activities ongoing after the private placement?
