Financings

Big Gold Upsizes Its Previously Announced Non-Brokered Private Placement

By The Northwire Desk — AI Analysis Feb 04, 2026 · 17:31 BG · 0.04 Big Gold Inc.

BG · Price

Big Gold Inc. expands its previously announced non‑brokered private placement due to strong investor demand.
The company will issue up to 13,750,000 Hard Units at $0.04 each and up to 2,222,222 Flow‑Through Units at $0.045 each, targeting gross proceeds of $650,000.
All proceeds from the flow‑through portion will be used for Canadian exploration expenses and eligible flow‑through mining expenditures, with renunciation deadlines of Dec 31 2026 (renounce) and Dec 31 2027 (incur).

Offering Structure:
Hard Units (HD Units): Up to 13,750,000 units @ $0.04 per unit → $550,000 gross proceeds. Each HD Unit = 1 common share + ½ common‑share purchase warrant.
Flow‑Through Units (FT Units): Up to 2,222,222 units @ $0.045 per unit → $100,000 gross proceeds. Each FT Unit = 1 flow‑through share + ½ common‑share purchase warrant.
Warrant Terms (both HD and FT Units):
Whole warrant allows purchase of one Common Share at $0.075 per share.
Warrants exercisable for 36 months from issuance date.
Use of Proceeds – Flow‑Through Portion:
Funds will be allocated to Canadian Exploration Expenses and flow‑through mining expenditures as defined under the Income Tax Act (Canada) and related provincial provisions.
Expenditures must be incurred on or before December 31, 2027 and renounced no later than December 31, 2026.
Closing Date: Expected on or about February 15, 2026, unless otherwise disclosed.
Regulatory Framework:
Offering relies on the Listed Issuer Financing Exemption (LIFE) under NI 45‑106, available to investors in all Canadian provinces except Quebec.
No statutory hold period applies to the securities issued.
Finder’s Fees: Company may pay cash and non‑transferable warrants as finder’s fees, subject to CSE policies.
U.S. Offering Disclaimer: Not an offer or solicitation in the United States; securities not registered under the U.S. Securities Act.

“We are pleased to expand this financing to meet strong investor interest and to secure additional capital for our exploration programs,” – Scott Walters, President and CEO.

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