Northwire Canada EditionSaturday, November 7, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
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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