Welcome to our dedicated page for Waraba Gold news (Ticker: WARAD), a resource for investors and traders seeking the latest updates and insights on Waraba Gold stock.
Waraba Gold Limited generates news primarily through its activities as a resource exploration company that is acquiring and exploring mineral properties. Company announcements highlight financing transactions, capital structure changes, and updates related to project earn-in commitments, particularly for mineral projects in Ivory Coast.
Recent news releases describe private placements of common shares and pre-funded warrants, with proceeds intended to fund commitments under earn-in arrangements and to provide general working capital. Waraba Gold has also reported on debt settlements completed through the issuance of securities, as well as the issuance of debentures to third parties. These items give readers insight into how the company is funding and supporting its exploration activities.
Another key theme in Waraba Gold’s news flow is corporate and capital structure updates. The company has announced an 18:1 share consolidation on the Canadian Securities Exchange, along with proportional adjustments to its outstanding convertible securities. News releases also discuss related party transactions, the use of exemptions under Canadian securities rules in situations of financial difficulty, and the approval process for insider participation in financings.
On this page, readers can follow Waraba Gold’s press releases and other coverage related to financings, share consolidations, earn-in arrangements, and regulatory disclosures. For those tracking the company’s progress as a reporting issuer in British Columbia and Alberta, this news feed provides a centralized view of the company’s publicly reported corporate developments.
Waraba Gold (WARAD) announced an upsized Private Placement increased from $1.5 million to up to $2.5 million at $0.07 per security, consisting of Shares or Pre‑Funded Warrants. The Company closed the Initial Tranche for gross proceeds of $1,500,000.06, issuing 9,355,808 Shares and 12,515,619 Pre‑Funded Warrants and settling $350,000 of debt via issuance. Pre‑Funded Warrants cannot be exercised unless Disinterested Shareholders approve under CSE Policy 4.6; issued securities carry a four‑month plus one‑day hold. A US$100,000 debenture was issued on Jan 6, 2026. Two insiders participated and the company intends to rely on MI 61‑101 financial hardship exemptions.
Final tranche closing is expected on Jan 16, 2026.
Waraba Gold (WARAD) announced an 18:1 share consolidation effective October 3, 2025. Post-consolidation common shares were reduced from 168,403,338 to approximately 9,355,808. The Company's CUSIP and ISIN are 93401G203 and 93401G2036, respectively. The company name and trading symbol remain unchanged.
No fractional shares were issued; fractional entitlements were rounded up to the next whole share. Exercise/conversion prices and share amounts for outstanding convertible securities were proportionately adjusted. Endeavor Trust Corp mailed letters of transmittal to registered shareholders of record as of the effective date. Beneficial holders holding shares through intermediaries need not take action but should contact their broker or intermediary with questions. A copy of the transmittal is available on SEDAR+.
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