Maple Gold arranges $10-million private placement

Executive Summary

• Maple Gold Mines Ltd. announced a brokered private placement to raise up to $10 million through the sale of non‑flow‑through (NFT) and flow‑through (FT) common shares at $1.20 and $1.68 per share, respectively.
• The offering is being led by Beacon Securities Ltd. as sole lead agent and bookrunner for a syndicate of agents.
• Proceeds will be allocated to eligible Canadian exploration expenses (FT proceeds) and general & administrative working capital (NFT proceeds) over the next 12 months.

Key Details

• Securities Offered:
• Non‑flow‑through common shares – $1.20 per NFT share.
• Flow‑through common shares – $1.68 per FT share (qualify under the Canadian Income Tax Act).
• Total Gross Proceeds Target: Up to $10 million.
• Lead Agent/Bookrunner: Beacon Securities Ltd.; syndicate of agents to be formed.
• Offering Exemptions & Jurisdictions:
• Offered in Canada under Part 5A of NI 45‑106 (Listed Issuer Financing Exemption).
• Quebec offering pending filing of French Form 45‑106F19 on SEDAR+.
• U.S. offers limited to accredited investors and qualified institutional buyers under Rule 506(b) of Reg D and/or Section 4(a)(2) of the Securities Act.
• Use of Proceeds:
• FT share proceeds – allocated to eligible Canadian exploration expenses that qualify as flow‑through mining expenditures, including Quebec‑specific exploration and surface‑mining expense bases; these expenses will be renounced to subscribers effective Dec 31 2025.
• NFT share proceeds – used for general & administrative expenses and unallocated working capital for a period of 12 months post‑closing.
• Closing Timeline: Expected to close on or about Oct. 23, 2025, subject to regulatory approvals (including TSX Venture Exchange).
• Regulatory/Compliance Notes:
• No hold‑period for Canadian subscribers under the listed issuer financing exemption.
• Offering documents are available on SEDAR+ and the company website; investors urged to review them before investing.

Notable Quotes

(No direct quotes were provided in the release.)