STOCK TITAN

Stakeholder Closes Private Placement

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
private placement

Stakeholder Gold (OTC:SKHRF) closed a non-brokered private placement on November 18, 2025, raising CAD $2,500,000 by issuing 3,125,000 units at $0.80 per unit. Each unit includes one common share and one half warrant (totaling 1,562,500 whole warrants).

Warrants are exercisable at $1.20 for two years and include an early-call if the 10-day average share price exceeds $1.50, after which unexercised warrants expire 30 days post-trigger. All securities are subject to a four-month plus one day hold.

Proceeds are earmarked for exploration at the Ballarat Project, Yukon, and development of an exotic stone quartzite business in Minas Gerais, Brazil. Insiders subscribed for 120,000 units (CAD $96,000); the company relied on MI 61-101 exemptions and closing remains subject to TSX Venture Exchange final approval.

Loading...
Loading translation...

Positive

  • Gross proceeds raised: CAD $2,500,000
  • Units issued: 3,125,000 at $0.80
  • Proceeds allocated to Ballarat exploration and quartzite business

Negative

  • Potential issuance of 1,562,500 common shares on warrant exercise
  • All securities locked by a 4-month plus one day hold period
  • Insiders participated and company relied on MI 61-101 exemptions
  • No material change report filed >21 days prior to closing per company disclosure

News Market Reaction – SKHRF

+3.27%
1 alert
+3.27% News Effect

On the day this news was published, SKHRF gained 3.27%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - November 18, 2025) - Stakeholder Gold Corp. (TSXV: SRC) ("Stakeholder" or the "Company") is pleased to announce the closing of a non-brokered private placement financing ("Private Placement"), raising gross proceeds of $2,500,000 CAD through the issuance of 3,125,000 Units at $0.80 per Unit. Each Unit consists of one common share ("Common Share") priced at $0.80 per Common Share, and one half of one common share purchase warrant ("Warrant"). Each whole Warrant entitles the holder to purchase one additional Common Share at $1.20 for a period of two years from the closing of the Private Placement.

Each whole Warrant has an early exercise provision that allows the Company to trigger exercise of the Warrant when the 10-day average price of Common Shares traded on the TSX Venture Exchange exceeds $1.50 per share. Thirty days (30) after the trigger date, any unexercised Warrants will be deemed to be null and void. All securities issued under this Private Placement will be subject to a 'hold' period expiring four months and one day from the date of closing.

Proceeds will be used for exploration on the Company's Ballarat Exploration Project in the White Gold District located in the Yukon Territory, Canada and for developing the Company's exotic stone quartzite business in Minas Gerais, Brazil.

Insiders of the Company (the "insiders") have invested in this Private Placement subscribing for in aggregate 120,000 Units, or gross proceeds of $96,000 CAD. The participation of insiders in the Private Placement constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") and the policies of the TSX. The Company is relying on exemptions from the formal valuation and minority approval requirements contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation by insiders will not exceed 25% of the fair market value of the Company's market capitalization. The Company did not file a material change report at least 21 days prior to the completion of the Private Placement because the existence of any placement or insiders' participation therein had not been determined at that time.

This Private Placement does not result in any new insiders or control persons of the Company, and closing is subject to final approval by the TSX Venture Exchange.

For further information please contact:

Stakeholder Gold Corporation
cberlet@stakeholdergold.com
416 525 - 6869

Forward-Looking Information

This news release contains forward-looking information. All information, other than information of historical fact, constitute "forward-looking statements" and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation's strategy, plans or future financial or operating performance.

When used in this news release, the words "estimate", "project", "anticipate", "expect", "intend", "believe", "hope", "may" and similar expressions, as well as "will", "shall" and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation's annual financial statements, MD&A and other publicly filed documents.

The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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/275009

FAQ

How much did Stakeholder Gold (SKHRF) raise in the November 18, 2025 private placement?

Stakeholder Gold raised CAD $2,500,000 through issuance of 3,125,000 units at $0.80 per unit.

What are the warrant terms in Stakeholder Gold's (SKHRF) private placement?

Each whole warrant allows purchase of one common share at $1.20 for two years; early-call triggers if the 10-day average price exceeds $1.50.

How many warrants could Stakeholder Gold (SKHRF) potentially issue from the private placement?

The placement includes one half warrant per unit, equal to 1,562,500 whole warrants available for exercise.

What will Stakeholder Gold (SKHRF) use the private placement proceeds for?

Proceeds will fund exploration at the Ballarat Project in Yukon and development of a quartzite business in Minas Gerais, Brazil.

Did insiders participate in Stakeholder Gold's (SKHRF) private placement and how much did they invest?

Yes; insiders subscribed for 120,000 units, representing CAD $96,000 in aggregate.

Are the securities from Stakeholder Gold's (SKHRF) private placement immediately tradable?

No; all securities are subject to a hold period of four months plus one day from closing.

Is the closing of Stakeholder Gold's (SKHRF) private placement final?

Closing is subject to final approval by the TSX Venture Exchange as disclosed by the company.
Stakeholder Gold Corp

OTC:SKHRF

View SKHRF Stock Overview

SKHRF Rankings

SKHRF Latest News

SKHRF Stock Data

17.01M
17.78M
Gold
Basic Materials
Link
Canada
Toronto