Exploration Funding

.GoldMining Inc. (GLDG) renewed its at‑the‑market equity program on Dec 8 2025, authorizing up to US $50 million of common shares to be sold at market price by a syndicate led by BMO Capital Markets. Proceeds will fund exploration, property maintenance, potential acquisitions and working capital. The program replaces the 2024 ATM, expires when the $50 million cap is reached or on Dec 8 2026, and may cause shareholder dilution.

Stakeholder Gold (OTC SKHRF) filed assessments renewing 461 mining claims in the Ballarat block of Yukon’s White Gold District, extending expiries to 2028‑2036. The renewal adds to its contiguous portfolio of 930 claims covering 19,440 ha and 17 km along the proposed Northern Gateway Road. The company plans a 2026 exploration phase to secure tenure for all claims through 2036 and retains ten Coffee Camp claims (209 ha) with no recent work. Funding and regulatory uncertainties remain key risks.

Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) plans a C$4.03M non-brokered private placement for exploration, especially at the Falcon West cesium project. The financing involves two tranches of common and flow-through shares. Funds will also support Bird River Belt targets and general corporate purposes. A strategic investor may gain governance rights, including a board nomination. Notably, Manitoba purchasers of flow-through shares are eligible for a 30% exploration tax credit. The offerings are subject to regulatory approvals.