Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,014.30 −0.4% Silver 52.23 +2.0% Copper 6.28 +0.8% Oil 88.59 +3.0% Palladium 1,066.25 +4.5% ORCL 0.030 +0.0% ELD 50.03 −0.8% OPW 0.150 +0.0% CDE 21.84 +0.7% AEM 267.99 −0.9% WDO 28.18 −0.5% BEA 0.090 +0.0% GAU 3.54 −0.6% BTO 7.53 −0.3% IMG 26.21 −0.5% BOL 0.060 +0.0% CNT 0.030 +0.0% EXN 0.253 +2.0% MNRG 0.075 +0.0% GSKR 2.83 −1.4% FPC 0.440 −1.1% Gold 4,014.30 −0.4% Silver 52.23 +2.0% Copper 6.28 +0.8% Oil 88.59 +3.0% Palladium 1,066.25 +4.5% ORCL 0.030 +0.0% ELD 50.03 −0.8% OPW 0.150 +0.0% CDE 21.84 +0.7% AEM 267.99 −0.9% WDO 28.18 −0.5% BEA 0.090 +0.0% GAU 3.54 −0.6% BTO 7.53 −0.3% IMG 26.21 −0.5% BOL 0.060 +0.0% CNT 0.030 +0.0% EXN 0.253 +2.0% MNRG 0.075 +0.0% GSKR 2.83 −1.4% FPC 0.440 −1.1%
Financings

Sego Resources increases private placement to $955,600

By The Northwire Desk — AI Analysis Feb 10, 2026 · 23:30 SGZ · 0.065 Sego Resources Inc.
SGZ · Price

Executive Summary

  • Sego Resources Inc. has upsized its non-brokered private placement from $800,000 to $955,600 due to strong investor demand.
  • The offering consists of 15,926,665 units priced at $0.06 per unit, with gross proceeds of $955,600.
  • Funds are designated for exploration and general working capital at the Miner Mountain copper-gold project in British Columbia.

Key Details

  • Offering Size: Upsized to $955,600 (increased from $800,000).
  • Units Issued: 15,926,665 units.
  • Price Per Unit: $0.06.
  • Gross Proceeds: $955,600.
  • Warrant Terms: Each unit includes one common share and one common share purchase warrant.
  • Warrant Exercise Price: $0.10 per share.
  • Warrant Expiry: Three years from the closing of the private placement.
  • Acceleration Clause: Warrants may be accelerated if the closing trading price on the TSX Venture Exchange exceeds $0.18 for 10 consecutive business days, occurring four months and one day after issuance. Notice results in expiry 30 days after notice.
  • Use of Proceeds: Exploration and general working capital for the Miner Mountain copper-gold project near Princeton, B.C.
  • Project Details: Miner Mountain is an alkalic porphyry copper-gold mineralization project. Key zones include the near-surface disseminated gold mineralization, the Billy zone (porphyry copper discovered Dec 2025), the adjacent South gold zone, and a deeper copper-gold porphyry indicated at the Cuba zone (1,200 metres northeast).
  • Insider Participation: Insiders will participate in the private placement.
  • Finders' Fees: None.
  • Regulatory/Conditions: Subject to TSX-V approval and customary conditions. Securities subject to a four-month-and-one-day hold period.
  • Investor Eligibility: Utilizes British Columbia Instrument 45-536, allowing non-accredited investors with registered investment dealer advice.
  • Minimum Offering: None.
  • Maximum Units: 15,926,665 units.

Notable Quotes

  • No direct quotes from the CEO/President were included in the provided text.
Read the original news release →

More from Sego Resources Inc.

Oct 21, 2026 · 10:57

Sego mobilizes a drill rig for a 2,000m program targeting deep porphyry targets at the Miner Mountain project.

Drill Results Oct 15, 2026 · 11:07

Sego launches a fully funded 2,000m drill program targeting deep porphyry anomalies at the Miner Mountain project.

Drill Results Sep 24, 2026 · 09:42

Sego’s deep IP targets confirm porphyry potential, with a fully funded October drill campaign awaiting assay results.

Drill Results Jul 10, 2026 · 08:01

Sego completes an IP survey and returns $1.4 million in cash to advance its 1,500-meter drill program at the Miner Mountain project.

Drill Results Jun 05, 2026 · 12:13

Sego Closes $1,060,000 Non-Brokered Flow Through Financing

Financings May 29, 2026 · 16:42

Sego Resources Raises Capital at Premium Amidst Drill Program; Dilution Concerns Persist

Financings