Dakota Gold Corp. filings document the formal disclosure record for a gold exploration and development issuer focused on the Homestake District and the Richmond Hill project. Proxy materials and current reports cover operating and financial results, common stock and warrant terms, capital-raising agreements, and corporate governance.
The filings also include material-event reports on equity distribution and underwriting agreements, auditor changes, executive employment arrangements, annual meeting proposals, director elections, auditor ratification, and Form 25 disclosures related to the removal of the company's warrant class from NYSE American listing and registration.
Dakota Gold Corp. established an at-the-market equity program, entering an Equity Distribution Agreement with BMO Capital Markets, Canaccord Genuity, and H.C. Wainwright. The program permits the Company to offer and sell shares of common stock with an aggregate offering price of up to $50,000,000, from time to time, through the Sales Agents acting as agent.
Sales commissions will be up to 3.0% of gross proceeds on shares sold under the agreement. The offering is registered under the Company’s Form S-3 shelf (File No. 333-288922), as supplemented by a prospectus supplement dated November 13, 2025. The Company may sell shares based on market conditions and is not obligated to sell any shares. Either party may terminate the agreement by written notice.
Dakota Gold Corp. launched an at-the-market equity program to sell up to $50.0 million of common stock under a prospectus supplement to its shelf registration. Sales may be made from time to time on the NYSE American or through negotiated and block trades, with BMO Capital Markets, Canaccord Genuity, and H.C. Wainwright acting as sales agents using commercially reasonable efforts.
Each agent may receive up to 3.0% of gross proceeds as compensation, and shares will be sold through only one designated agent on any given day. The company plans to use net proceeds for working capital and other general corporate purposes. The program ends upon selling the full $50.0 million or termination of the equity distribution agreement. Dakota Gold’s common stock trades on the NYSE American under the symbol DC; the last reported price was $4.39 on November 12, 2025.
Dakota Gold Corp. reported Q3 2025 results, posting a net loss of $10.5 million, or $0.09 per share. Operating expenses were $10.9 million, driven by $7.7 million in exploration and $3.2 million in general and administrative costs. Interest income was $0.4 million.
For the nine months ended September 30, 2025, the company recorded a net loss of $20.7 million, used $18.4 million in operating cash, and ended with cash and cash equivalents of $33.0 million. Management cites approximately $31.0 million of working capital and the ability to scale exploration as support for liquidity over the next year.
Year-to-date financing totaled $42.3 million, including $32.7 million in net proceeds from a March offering of 12.4 million shares at $2.83, $7.3 million via the ATM program, and $3.0 million from warrant exercises. Shares outstanding were 112,900,113 at September 30, 2025. The updated Richmond Hill Initial Assessment was filed in July, with feasibility targeted for 2027 and production targeted in late 2029.
Dakota Gold Corp. disclosed a new employment agreement with CEO Dr. Robert Quartermain. The agreement sets an annual base salary of US$312,000, payable in Canadian dollars at the prevailing exchange rate, and a one-year term commencing August 19, 2025. Dr. Quartermain is eligible to participate in the company’s securities-based compensation plans, including the 2022 Stock Incentive Plan.
If terminated for cause or if he resigns without good reason during the employment period, Dr. Quartermain is entitled only to defined accrued benefits. The filing states that any other termination will not trigger additional severance payments. The agreement includes customary protections such as confidentiality, non-disparagement, cooperation covenants, indemnification aligned with company by-laws, D&O insurance, equitable relief, and governing law in the Province of British Columbia with applicable Canadian laws.
Dakota Gold Corp. (DC) reported insider sales on Form 4. A director sold 50,000 common shares on each of three dates: 10/16/2025 at a weighted average price of $5.3367, 10/17/2025 at a weighted average price of $4.7713, and 10/20/2025 at a weighted average price of $4.6649.
Following these transactions, beneficial ownership changed from 1,018,199 shares after the first sale to 968,199 after the second and 918,199 after the third, all held directly. The filing notes that the 10/17 sales occurred in multiple trades between $4.8597 and $4.7615, and the 10/20 sales occurred in multiple trades between $4.6500 and $4.7600; detailed breakdowns are available upon request.
Dakota Gold Corporation (DC) filed a Form 144 notice for a planned sale of 50,000 common shares through RBC Capital Markets LLC, with an aggregate market value $233,246. The filing lists an approximate sale date of 10/20/2025 on the AMEX.
The shares were acquired via RSU vest on 06/04/2021. The notice also reports recent sales by Stephen O'Rourke, including 50,000 shares on 10/16/2025 for $266,835 and 50,000 shares on 10/17/2025 for $238,565. Shares outstanding were 112,343,862.
BlackRock, Inc. filed a Schedule 13G reporting beneficial ownership of 5,708,431 shares of Dakota Gold Corp common stock, representing 5.1% of the class as of 09/30/2025. The filing lists sole voting power over 5,625,537 shares and sole dispositive power over 5,708,431 shares, with no shared voting or dispositive power.
BlackRock states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The filing notes that various persons may have rights to dividends or sale proceeds through managed accounts, but none exceeds five percent of outstanding shares.
Dakota Gold Corporation (DC) received a Form 144 notice for a proposed sale of 50,000 common shares by Stephen O'Rourke under Rule 144. The filing lists an aggregate market value of $238,565.00, an approximate sale date of 10/17/2025, and identifies RBC Capital Markets LLC as broker, with sales to occur on the AMEX.
The shares were acquired via RSU vest on 06/04/2021 in the amount of 50,000. The filing also reports a sale during the past three months on 10/16/2025 of 50,000 shares for $266,835.00 in gross proceeds. Shares outstanding were listed as 112,343,862.
Form 144 notice filed for a proposed sale of up to 50,000 shares of common stock. The filing lists an aggregate market value of $266,835, with RBC Capital Markets, LLC as broker and an approximate sale date of 10/16/2025 on the AMEX.
The shares were acquired via an RSU vest on 06/04/2021 from the issuer, totaling 50,000 shares. The filing also notes 112,343,862 shares outstanding. This is a notice of intent and does not itself execute a sale.
Dakota Gold Corp. Chief Financial Officer Shawn Campbell bought 11,261 shares of common stock in an open-market purchase. After this transaction, he directly owned 204,115 common shares. The filing also reports 234,491 common shares held indirectly through his spouse as of the same date.
A related footnote describes restricted stock units granted under the 2022 Stock Incentive Plan that vest in three equal tranches on September 8, 2026, September 8, 2027 and September 8, 2028, each RSU representing one share of common stock upon vesting.