Roxmore Resources Upsizes Private Placement to C$32.64 Million

Vancouver-based Roxmore Resources Inc. has announced an increase in its non-brokered private placement, now totaling C$32.64 million. This decision results from significant interest in the offering. The company plans to issue 13.6 million common shares at C$2.40 each.

The proceeds will support the development of the Converse Gold Project and other corporate objectives. The offering is set to close around February 27, 2026, pending regulatory approval and standard closing conditions.

The issued securities will have a holding period of four months and one day. Roxmore may also pay fees to eligible finders as per Toronto Stock Exchange policies.

This upsizing reflects investor confidence in Roxmore's strategic initiatives, especially its focus on the Converse Gold Project, a major undeveloped site in Nevada.