Northwire Canada EditionTuesday, September 15, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8% GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8%
Financings

StrikePoint Gold Announces Non-Brokered Private Placement LIFE Offering of up to $3 Million

By The Northwire Desk — AI Analysis Oct 29, 2025 · 19:10 SKP · 0.18 Strikepoint Gold Inc.
SKP · Price

Executive Summary

  • StrikePoint Gold Inc. announced the initiation of a non‑brokered private placement (“LIFE Offering”) for up to CAD $3 million.
  • The offering consists of up to 20,000,000 units at CAD $0.15 per unit; each unit includes one common share and one warrant exercisable at CAD $0.30 after a 60‑day lock‑up.
  • Net proceeds are earmarked for exploration on the Hercules and Cuprite gold projects in Nevada and for general working capital.

Key Details

  • Offering Size: Up to CAD $3,000,000 gross proceeds.
  • Units Offered: ≤20,000,000 units at CAD $0.15 per unit.
  • Unit Composition: 1 Common Share + 1 Common Share purchase warrant.
  • Warrant Terms: Exercise price CAD $0.30 per share; exercisable for 24 months from closing; not exercisable for the first 60 days after issuance.
  • Eligibility: Available to Canadian residents (excluding Québec) under the Listed Issuer Financing Exemption (NI 45‑106).
  • Finders’ Fees/Warrants: Company may pay finders’ fees and issue Finders’ Warrants (each for one common share at CAD $0.30, exercisable for 24 months; subject to a statutory hold period of 4 months + 1 day).
  • Use of Proceeds: Primarily for exploration activities on the Hercules Gold Project and Cuprite Gold Project in Nevada; remainder for general working capital.
  • Closing Conditions: Subject to TSX‑V approval and other prescribed conditions.
  • Insider Participation: Insiders expected to subscribe; transaction qualifies as a related‑party transaction under MI 61‑101 with reliance on exemption thresholds (≤25 % of FMV).
  • Regulatory Filings: Material change report to be filed ≤21 days before closing.

Notable Quotes

“We are pleased to launch this financing to fund the next phase of exploration at our flagship Nevada projects and strengthen our balance sheet.” – Michael G. Allen, President, CEO & Director

All boilerplate, forward‑looking statements, and disclaimer sections have been omitted for brevity.

Read the original news release →

More from Strikepoint Gold Inc.

Sep 09, 2026 · 14:52

Strikepoint closes the $190m Northumberland raise, with Tembo taking a 19.9% stake and net smelter return interest.

Financings Sep 04, 2026 · 16:31

Strikepoint closes a $2m placement as its $160m acquisition by Newmont nears completion.

Financings Aug 20, 2026 · 16:08

Strikepoint upsized its Northumberland deal to C$160m following strong investor demand for the project.

Financings Aug 18, 2026 · 16:17

Strikepoint acquires Newmont’s Northumberland project for us$70m alongside a c$140m capital raise.

Resource Estimate Jul 21, 2026 · 07:31

Strikepoint’s final Hercules drilling extended the oxide gold zone without surpassing the prior best hole, keeping grades within the exploration target range.

Drill Results May 26, 2026 · 07:31

Drill Results Validate Exploration Target but Resource Timeline Slips

Drill Results