Northwire Canada EditionSaturday, November 7, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Financings

AJN Resources Inc. Closes Private Placement

DRC · Price

Executive Summary

  • AJN Resources Inc. closed a non‑brokered private placement of 3,666,833 units at $0.15 per unit, generating gross proceeds of $550,025.
  • Each unit consists of one common share and one warrant (exercise price $0.25, two‑year term); warrants and any exercised shares are restricted from trading until May 22 2026.
  • Effective January 26 2026, the company will change its name to DRC Gold Corp. and begin trading under the ticker “DRC” on the Canadian Securities Exchange (CSE).

Key Details

  • Private Placement Structure
  • Units offered: 3,666,833
  • Price per unit: $0.15
  • Gross proceeds: $550,025
  • Composition of each Unit: 1 common share + 1 share purchase warrant
  • Warrant terms: Right to purchase one additional common share at $0.25 per share, exercisable for two years.

  • Restrictions

  • Units and any shares issued upon warrant exercise are restricted from trading until May 22 2026.

  • Use of Proceeds

  • Technical, legal, and financial due diligence on Giro Goldfields SARL and the Giro Gold Project.
  • Negotiation, preparation, and closing of a formal agreement related to the project.
  • Mineral exploration activities on the Giro Gold Project.

  • Name Change Details

  • Former name: AJN Resources Inc.
  • New name (effective Jan 26 2026): DRC Gold Corp.
  • New CSE ticker: DRC
  • New CUSIP: 23347H106; new ISIN: CA23347H1064.
  • Share capital unchanged; no action required from existing shareholders; share certificates remain valid.

  • Corporate Communications

  • Investor Relations contact: Sheena Eckhof ([email protected]).
  • CEO/President sign‑off: Klaus Eckhof ([email protected]).
Read the original news release →

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