Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Financings

Lighthouse Gold closes $854,000 private placement

LGHT · Price

Executive Summary

  • Lighthouse Gold Inc. has closed its non-brokered private placement of units, issuing 12.2 million units at $0.07 per unit.
  • The offering generated approximately $854,000 in aggregate gross proceeds.
  • Proceeds are intended for the exploration of mineral properties and general working capital.

Key Details

  • Transaction Type: Non-brokered private placement of units.
  • Units Issued: 12,200,000 units.
  • Price Per Unit: $0.07 CAD.
  • Gross Proceeds: Approximately $854,000.
  • Warrant Terms: Each unit includes one-half of one share purchase warrant. Each warrant is exercisable to purchase one additional share at an exercise price of $0.13 per share.
  • Warrant Expiry: 18 months from the closing date.
  • Use of Proceeds: Exploration of mineral properties and general working capital.
  • Hold Period: Securities are subject to a statutory hold period of four months plus one day.
  • Related Party Transactions: A director participated in the offering as a related party. The transaction was exempt from formal valuation and shareholder approval requirements under Multilateral Instrument 61-101 because the fair market value of shares issued to related parties did not exceed 25% of the company's market capitalization.

Notable Quotes

  • None provided in the text.
Read the original news release →

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