on Gold Terra Resource Corp (CVE:YGT)
Gold Terra Upsizes Private Placement amid Strong Investor Demand
Gold Terra Resource Corp has announced an increase in its non-brokered private placement due to high investor interest. Originally set at C$6.3 million, the offering has been upsized to C$7 million. The company will now issue 55 million shares, up from 50 million. This includes 15 million common shares at C$0.10 each, 35 million charitable flow-through shares at C$0.14 each, and 5 million flow-through shares at C$0.12 each. The extra funds will support eligible Canadian exploration expenses until the end of 2026.
The non-brokered offering, expected to close on November 28, 2025, has received the necessary approval from the TSX Venture Exchange. It includes a four-month hold on all securities. Gold Terra will use the proceeds to further its exploration projects in the high-grade Yellowknife gold camp, aiming to re-establish the area as a premier gold mining district in Canada.
R. E.
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