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RPX Gold Announces Upsize of Previously Announced "Best Efforts" LIFE Offering and Private Placement to C
The financing includes warrants exercisable at C$0.27 for 24 months and could add C$1.65 million if agents sell the full option, the company said.
- On Thursday, RPX Gold Inc. announced a C$11,000,000 'best efforts' private placement led by Haywood Securities Inc. to advance the Wawa Gold Project in Ontario.
- Management designed a phased approach for the Wawa Gold Project to generate early cash flow from open-pit operations before transitioning to underground mining, aiming to de-risk development and accelerate revenue.
- The Wawa Gold Project contains an indicated mineral resource of 22.909 million tonnes grading 1.69 g/t Au and an inferred resource of 9.951 M tonnes grading 1.59 g/t Au, supporting both mining methods.
- Proceeds from flow-through shares must fund 'Canadian exploration expenses' and 'eligible Ontario exploration expenditure' by December 31, 2027, while non-flow-through shares support general corporate purposes.
- The offering is expected to close on or about May 13, 2026, subject to certain closing conditions and conditional listing approval from the TSX Venture Exchange.
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RPX Gold Announces Upsize of Previously Announced "Best Efforts" LIFE Offering and Private Placement to C
/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, April 17, 2026 (GLOBE NEWSWIRE) -- RPX Gold Inc. ("RPX Gold" or the "Company") (TSXV:RPX) is pleased to announce that it has entered into an amendment agreement with Haywood Securities Inc. ("Haywood"), as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents, including Research Capital Corporation and…
·New York, United States
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Total News Sources14
Leaning Left11Leaning Right2Center1Last UpdatedBias Distribution79% Left
Bias Distribution
- 79% of the sources lean Left
79% Left
L 79%
14%
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