Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Financings

Big Gold increases private placement to $650,000

BG · Price

Executive Summary

  • Big Gold Inc. has expanded its previously announced non-brokered private placement due to high investor demand, raising up to $650,000 in total gross proceeds.
  • The offering comprises non-flow-through hard units and flow-through units, each bundled with warrants exercisable at $0.075 per share for 36 months.
  • All proceeds from flow-through shares will be allocated to Canadian exploration expenses, with the offering scheduled to close around February 15, 2026.

Key Details

  • Gross Proceeds: Up to $550,000 from non-flow-through hard units and $100,000 from flow-through units (Total: $650,000).
  • Non-Flow-Through Units: Up to 13.75 million HD units issued at $0.04 per unit.
  • Flow-Through Units: Up to 2,222,222 FT units issued at $0.045 per unit.
  • Unit Composition: Each HD and FT unit consists of one common share and one-half of one common share purchase warrant.
  • Warrant Terms: Each full warrant entitles the holder to purchase one common share at an exercise price of $0.075 per share for a period of 36 months from issuance.
  • Use of Proceeds: Entire gross proceeds from FT shares will be used for Canadian exploration expenses (as defined in Subsection 66.1(6) of the Income Tax Act) and flow-through mining expenditures, renounced to initial purchasers with an effective date no later than Dec. 31, 2026, and incurred on or before Dec. 31, 2027.
  • Closing Date: Scheduled on or about February 15, 2026.
  • Regulatory Framework: Offered under the Listed Issuer Financing Exemption (Part 5A of NI 45-106) to Canadian residents (excluding Quebec). Securities are not subject to a statutory hold period.
  • Finders' Fees: May include cash and non-transferable warrants, subject to Canadian Securities Exchange policies.
  • Offering Document: Available under the company's profile at SEDAR+ and on the company's website. Prospective investors are advised to review it before making an investment decision.
Read the original news release →

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