Private Placement

NV Gold (NVGLF / TSXV:NVX) closed a shares-for-debt deal and the final tranche of a private placement, raising about C$666,199. Proceeds will fund exploration at the Slumber Gold Project and bolster working capital. The offering included units with warrants exercisable at C$0.40. The company issued 1,310,384 shares for debt settlement, potentially diluting shareholder value. Securities are subject to a hold period and TSXV approval. The financing aims to advance exploration and unlock the potential of the Slumber Gold Project.

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.

Carpenter Technology (NYSE: CRS) plans a private placement of $700 million in senior notes due 2034, targeting qualified institutional buyers and select non-U.S. investors. Net proceeds, combined with cash, will redeem 6.375% notes due 2028 and repay 7.625% notes due 2030, with remaining funds for general corporate purposes. The offering is subject to market conditions. The notes are not registered under the Securities Act. This announcement is not a redemption notice.

Questcorp Mining (QQCMF) closed the first tranche of a private placement on Oct 24, 2025, raising $2.1M by issuing 14M+ units priced at $0.15. Each unit includes a share and a half warrant, exercisable at $0.20 until Oct 24, 2027. $2M is subject to a Sharing Agreement with Sorbie Bornholm LP, settled in 24 monthly tranches based on a 20-day VWAP benchmarked against $0.1949. This could result in variable monthly proceeds.

Nevada Sunrise (NVSGF) closed a $650,000 private placement, issuing 13,000,000 units at $0.05 each, comprised of a share and a warrant. Due to investor demand, the offering was upsized from $600,000. Net proceeds will fund Nevada exploration, property investigations, and working capital. Securities are subject to a hold until March 7, 2026. Canaccord Genuity received cash and finder’s warrants. The offering awaits TSX Venture Exchange acceptance and is not registered in the U.S.

NV Gold (NVGLF) closed the first tranche of a private placement, raising $616,199 for exploration at the Slumber Gold Project. The offering consisted of 3,423,330 Units at $0.18, each including a share and a warrant exercisable at $0.40. Insiders subscribed for 3,190,000 Units, increasing John Watson’s stake to 58.65%. Proceeds will fund exploration and working capital. Securities are subject to a four-month hold. TSXV approval is required.

VIQ Solutions (VQSSF) closed the second tranche of an upsized private placement on November 5, 2025, raising approximately C$585,000. The company issued 3,146,063 units at C$0.186 per unit, each including a share and a warrant exercisable at C$0.190 until 2030. Total proceeds from the placement exceed C$3.0 million. Proceeds will fund technology innovations, organic growth, acquisitions, and restructuring. The issuance of new units will cause some share dilution.

Hemostemix (HMTXF) closed the first tranche of a private placement, raising $461,230 by issuing 4,193,000 Units at $0.11 each. Each Unit includes a share and a warrant exercisable at $0.15. Proceeds fund working capital and VesCell marketing. Finder’s fees were paid, and certain directors participated, triggering related party considerations with MI 61-101 exemptions. The closing is subject to regulatory approval, and securities are subject to a four-month hold period. The offering introduces potential dilution from new shares and warrants.

Questcorp Mining Inc. (QQQ:CSE) closed the initial tranche of a non-brokered private placement, raising $2,100,050. The company issued 14,000,334 units at $0.15, each including a share and a half warrant exercisable at $0.20. Funds will advance exploration at La Union (Mexico) and North Island (Canada). A $2M portion is subject to a sharing agreement with Sorbie Bornholm LP. Questcorp anticipates a final tranche, aiming for total proceeds of $3.5M. Units from the first tranche are free trading.

Formation Metals (FOMTF) announced an upsized C$8.6M financing via LIFE units and a flow-through private placement to advance its N2 Gold Project in Quebec. The funding will increase working capital to ~$13M and the exploration budget to ~$8.5M+, supporting a 20,000-meter drill program. Phase 1, already underway, targets the “A” and “RJ” zones. The offering involves potential dilution and a hold period for flow-through shares. The N2 Gold Project boasts a historical resource of ~870,000 ounces with multiple zones open for expansion.