Tudor Gold Announces Closing of $11.5 Million Brokered LIFE Offering, with Participation by Eric Sprott
Tudor Gold Fills Treasury for Treaty Creek Push After Sprott Backs Financing
On December 15, 2025, Tudor Gold announced the closing of a brokered private placement under the Listed Issuer Financing Exemption (LIFE) for gross proceeds of $11.5 million. The offering was upsized from the previously announced $10 million on December 2, 2025.
The company issued 14,375,000 units at a price of $0.80 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of $1.20 for a period of 24 months.
The use of proceeds is for working capital and general corporate purposes. The company noted that strategic resource investor Eric Sprott participated in the offering. Agents received a cash fee of $690,000 and 750,000 non-transferable warrants exercisable at $1.20 for 24 months.
The closing of this $11.5 million financing is materially positive and, given the context and specific participants, qualifies as a game-changer for the company. This financing was completed just four days after the company closed a separate, upsized $12.5 million flow-through financing. In total, Tudor Gold has added approximately $24 million to its treasury in December.
Tudor Gold is a mineral exploration company focused on its flagship Treaty Creek property, located in the prolific Golden Triangle of northwestern British Columbia, Canada. The company holds an 80% interest in the project, which it consolidated through the acquisition of American Creek Resources in September 2025. The project hosts the Goldstorm Deposit, one of the largest gold discoveries in the world, with a 2024 NI 43-101 compliant resource of 27.87 million ounces of indicated gold equivalent and 6.03 million ounces of inferred gold equivalent. The company's recent focus has been on defining the high-grade "Supercell-One" (SC-1) structural zone within the broader, lower-grade porphyry system, with the goal of identifying a high-grade starter project.