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.
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May 27, 2026 · 08:01