Financings
Canadian GoldCamps Closes Second Tranche of Private Placement

CAMP · Price
Executive Summary
- Canadian GoldCamps Corp. closed the second and final tranche of its previously announced non‑brokered private placement, issuing 4,450,000 common shares at $0.10 per share for gross proceeds of $445,000.
- Combined with the first tranche (closed 12/31/2025), total financing to date equals $1,000,000; proceeds are being used for an initial $100,000 cash payment toward a proposed option agreement with Stelmine Canada Ltd. and for general working capital.
- The offering included related‑party participation, finder’s fees of $17,400 in cash plus 174,000 non‑transferable warrants (exercise price $0.12, 24‑month term), and all securities are subject to a four‑month‑plus hold period pending regulatory approvals.
Key Details
- Shares Issued: 4,450,000 common shares
- Price per Share: $0.10
- Gross Proceeds (Second Tranche): $445,000
- Total Gross Proceeds (Both Tranches): $1,000,000
- Use of Proceeds:
- $100,000 cash payment to Stelmine Canada Ltd. for a proposed option agreement
- Remaining funds allocated to general working capital
- Regulatory Conditions: Offering remains subject to receipt of all required approvals, including acceptance by the Canadian Securities Exchange (CSE).
- Hold Period: All securities issued are subject to a hold period of four months and one day from issuance.
- Related‑Party Transaction: One officer subscribed for 50,000 shares; transaction qualifies as an MI 61‑101 “related party” but falls below the 25% market‑cap threshold, allowing exemption from formal valuation and minority‑shareholder approval.
- Finder’s Compensation:
- Cash fee paid to eligible finders: $17,400
- Issuance of 174,000 finder’s warrants (non‑transferable), each granting the right to purchase one share at an exercise price of $0.12 for a period of 24 months from issuance.
Notable Quotes
- “The successful completion of this financing provides us with the capital needed to advance our strategic initiatives, including the proposed option agreement with Stelmine Canada Ltd., and reinforces our commitment to creating value for shareholders.” – George Yordanov, President and CEO
This release does not constitute an offer or solicitation in the United States.
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Jun 08, 2026 · 23:48