Dynasty Gold Corp. has successfully closed an oversubscribed non-brokered private placement, raising total gross proceeds of $1,300,298. The placement includes a Flow-Through component of 5,145,747 units at $0.165 per unit for $849,048, with each unit comprising one flow-through share and half a warrant exercisable at $0.25 for 24 months. Additionally, the company received subscriptions for 3,610,000 non-flow-through units at $0.125 per unit for $451,250, with similar warrant terms. Finder's fees total $54,279 plus 351,657 broker's warrants. The flow-through proceeds will fund Canadian exploration expenses at the Thundercloud gold project in Ontario, while non-flow-through proceeds will be used for working capital.
Dynasty Gold Corp. ha completato con successo un collocamento privato non mediato, sovrasottoscritto, raccogliendo un totale lordo di 1.300.298 dollari. Il collocamento include una componente Flow-Through di 5.145.747 unit脿 a 0,165 dollari ciascuna per un totale di 849.048 dollari, con ogni unit脿 composta da un'azione flow-through e mezza warrant esercitabile a 0,25 dollari per 24 mesi. Inoltre, la societ脿 ha ricevuto sottoscrizioni per 3.610.000 unit脿 non flow-through a 0,125 dollari ciascuna per 451.250 dollari, con termini di warrant simili. Le commissioni per i finder ammontano a 54.279 dollari pi霉 351.657 warrant per broker. I proventi flow-through saranno destinati a finanziare le spese di esplorazione canadesi presso il progetto aurifero Thundercloud in Ontario, mentre i proventi non flow-through verranno utilizzati come capitale operativo.
Dynasty Gold Corp. ha cerrado con 茅xito una colocaci贸n privada no intermediada y sobresuscrita, recaudando un total bruto de 1.300.298 d贸lares. La colocaci贸n incluye un componente Flow-Through de 5.145.747 unidades a 0,165 d贸lares por unidad por un total de 849.048 d贸lares, donde cada unidad consta de una acci贸n flow-through y media warrant ejercitable a 0,25 d贸lares durante 24 meses. Adem谩s, la compa帽铆a recibi贸 suscripciones por 3.610.000 unidades no flow-through a 0,125 d贸lares por unidad por 451.250 d贸lares, con t茅rminos de warrant similares. Las comisiones de los intermediarios suman 54.279 d贸lares m谩s 351.657 warrants para brokers. Los fondos flow-through se destinar谩n a gastos de exploraci贸n en Canad谩 en el proyecto aur铆fero Thundercloud en Ontario, mientras que los fondos no flow-through se usar谩n para capital de trabajo.
Dynasty Gold Corp. a cl么tur茅 avec succ猫s un placement priv茅 non courtier sursouscrit, levant un produit brut total de 1 300 298 dollars. Le placement comprend une composante Flow-Through de 5 145 747 unit茅s 脿 0,165 dollar l鈥檜nit茅 pour un total de 849 048 dollars, chaque unit茅 comprenant une action flow-through et une demi-warrant exer莽able 脿 0,25 dollar pendant 24 mois. De plus, la soci茅t茅 a re莽u des souscriptions pour 3 610 000 unit茅s non flow-through 脿 0,125 dollar l鈥檜nit茅 pour 451 250 dollars, avec des conditions de warrant similaires. Les frais de courtage s鈥櫭﹍猫vent 脿 54 279 dollars plus 351 657 warrants pour courtiers. Les fonds flow-through financeront les d茅penses d鈥檈xploration canadiennes du projet aurif猫re Thundercloud en Ontario, tandis que les fonds non flow-through seront utilis茅s pour le fonds de roulement.
Dynasty Gold Corp. hat erfolgreich eine 眉berzeichnete, nicht vermittelte Privatplatzierung abgeschlossen und dabei Bruttoerl枚se von 1.300.298 US-Dollar erzielt. Die Platzierung umfasst eine Flow-Through-Komponente von 5.145.747 Einheiten zu je 0,165 US-Dollar f眉r insgesamt 849.048 US-Dollar, wobei jede Einheit aus einer Flow-Through-Aktie und einer halben Warrant besteht, die f眉r 24 Monate zu 0,25 US-Dollar ausge眉bt werden kann. Zus盲tzlich erhielt das Unternehmen Zeichnungen f眉r 3.610.000 Nicht-Flow-Through-Einheiten zu je 0,125 US-Dollar f眉r 451.250 US-Dollar mit 盲hnlichen Warrant-Bedingungen. Die Vermittlungsgeb眉hren belaufen sich auf insgesamt 54.279 US-Dollar plus 351.657 Broker-Warrants. Die Flow-Through-Erl枚se werden f眉r kanadische Explorationskosten im Thundercloud-Goldprojekt in Ontario verwendet, w盲hrend die Nicht-Flow-Through-Erl枚se als Betriebskapital dienen.
Positive
Successfully raised $1.3M through an oversubscribed private placement, indicating strong investor interest
Flow-through financing structure provides tax benefits to investors while funding exploration
Proceeds will advance exploration at the Thundercloud gold project in Ontario
24-month warrant terms provide potential additional future funding at $0.25 per share
Negative
Dilution of existing shareholders through issuance of new shares and warrants
Finder's fees and broker's warrants represent additional costs and potential future dilution
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2025) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to announce that, subject to Exchange approval, it is closing an oversubscribed non-brokered private placement for total gross proceeds of $1,300,298. This includes a Flow-Through component of 5,145,747 units for proceeds of $849,048. Each flow-through unit consists of one flow-through share at $0.165 and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one non-flow-through common share at $0.25 for twenty-four months from closing.
The company has also received subscriptions for 3,610,000 units of non-flow-through common shares for proceeds of $451,250. Each unit of non-flow through share consists of one common share at $0.125 and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at $0.25 for twenty-four months from closing.
All securities issued and issuable pursuant to the Private Placement will be subject to a four-month-and-one-day statutory hold period. Finder's fees of $54,279 and broker's warrants of 351,657, each warrant entitling the holder to purchase one common share at $0.165 for twenty-four months from closing, are payable to registered dealers.
The gross proceeds from the Flow-Through Offering will be used to incur "Canadian exploration expenses" that are "flow-through mining expenditures", as defined in subsection 66(15) of the Income Tax Act (Canada), to advance the Corporation's Thundercloud gold project in Ontario (see press release of June 2, 2025 for 2025 drill program plan). The proceeds will be renounced to the subscribers with an effective date not later than December 31, 2025, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of the Flow-Through Shares.
The net proceeds received from the non-flow-through Offering will be used for working capital.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian mineral exploration company currently focused on gold exploration in North America with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and in the Midas gold camp in Nevada. The Company is currently advancing its Thundercloud gold resource in northwest Ontario. A NI 43-101 Independent Technical Report, dated September 27, 2021, can be found on the Company's and SEDAR websites. The 100% owned Golden Repeat gold project in the Midas gold camp in Elko County, Nevada, is surrounded by a number of large-scale operating mines. For more information, please visit the Company's website .
ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.
"Ivy Chong"_____________ Ivy Chong, President & CEO
For additional information please contact:
Vancouver Office: Ivy Chong Phone: 604.633.2100 Email: [email protected]
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
FAQ
How much did Dynasty Gold raise in their private placement?
Dynasty Gold raised total gross proceeds of $1,300,298, including $849,048 in flow-through units and $451,250 in non-flow-through units.
What is the exercise price and term of the warrants for DGDCF's private placement?
The warrants have an exercise price of $0.25 per share and are exercisable for 24 months from the closing date.
How will Dynasty Gold use the proceeds from the private placement?
The flow-through proceeds will fund Canadian exploration expenses at the Thundercloud gold project in Ontario, while non-flow-through proceeds will be used for working capital.
What are the finder's fees associated with Dynasty Gold's private placement?
The finder's fees total $54,279 plus 351,657 broker's warrants exercisable at $0.165 for 24 months.
What is the hold period for securities issued in Dynasty Gold's private placement?
All securities issued are subject to a four-month-and-one-day statutory hold period.
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