Flow-Through Shares
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Gold Terra Upsizes Private Placement to C$7.0 Million
Gold Terra (YGTFF) has increased its non-brokered private placement to C$7M due to strong investor demand, issuing 55M common shares. The offering includes common, charitable flow-through, and flow-through shares. Proceeds will fund qualifying Canadian exploration expenses by December 31, 2026, with renouncement by December 31, 2025. Closing is expected around November 28, 2025, pending TSX Venture Exchange approval. Finder’s fees amount to C$28,000, and securities are subject to a four-month hold.
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Sokoman Minerals Updates on Stony Lake and Keats Properties
Sokoman Minerals is expanding its land position along Newfoundland’s Valentine Lake Fault through property acquisitions and option agreements. They’re acquiring 100% of the Keats Property via cash, shares, and an NSR, retaining the option to repurchase half the NSR. They’ve also secured an option to acquire 100% of the Stony Lake Property by issuing shares and funding exploration. Underwriters also have the option to purchase additional flow-through shares generating potential further gross proceeds. This consolidation underscores Sokoman’s belief in significant resource potential.