Northwire Canada EditionFriday, November 13, 2026
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Gold 3,886.90 +0.0% Silver 49.03 −2.1% Copper 6.10 −1.6% Oil 88.61 −0.1% Palladium 1,004.75 +1.3% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.34 −5.1% XTG 2.00 +0.0% RUA 1.12 +1.8% TUF 0.610 −1.6% NEXG 1.12 −1.3% ELEF 0.285 +1.8% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.58 −1.9% OBUL 0.340 −1.4% MKO 10.66 −1.4% SGML 7.35 +3.8% Gold 3,886.90 +0.0% Silver 49.03 −2.1% Copper 6.10 −1.6% Oil 88.61 −0.1% Palladium 1,004.75 +1.3% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.34 −5.1% XTG 2.00 +0.0% RUA 1.12 +1.8% TUF 0.610 −1.6% NEXG 1.12 −1.3% ELEF 0.285 +1.8% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.58 −1.9% OBUL 0.340 −1.4% MKO 10.66 −1.4% SGML 7.35 +3.8%
Financings

Silver North increases private placement to $2.25M

By The Northwire Desk — AI Analysis Dec 16, 2025 · 17:20 SNAG · 0.37 Silver North Resources Ltd.
SNAG · Price

Executive Summary

  • Silver North Resources Ltd. has fully subscribed and increased its non-brokered private placement of flow-through shares, raising aggregate gross proceeds of up to $2,250,500.
  • The company will utilize the gross proceeds to incur eligible Canadian exploration expenses related to its Yukon projects, which will be renounced to subscribers effective December 31, 2025.
  • The offering consists of 6.43 million flow-through shares priced at 35 cents per share, with the transaction closing shortly.

Key Details

  • Transaction Structure: Non-brokered private placement of flow-through shares (FT shares).
  • Total Gross Proceeds: Up to $2,250,500.
  • Share Quantity: 6.43 million FT shares.
  • Price Per Share: 35 cents CAD.
  • Subscription Status: Fully subscribed.
  • Closing Timeline: Closing shortly.
  • Use of Proceeds: The gross proceeds will be used to incur eligible Canadian exploration expenses qualifying as flow-through mining expenditures under the Income Tax Act (Canada).
  • Project Location: Yukon projects.
  • Renunciation Date: Qualifying expenditures will be renounced in favour of subscribers effective December 31, 2025.
  • Expenditure Deadline: Eligible expenses must be incurred on or before December 31, 2026.
  • Share Composition: Each FT share consists of one common share qualifying as a flow-through share under Subsection 66(15) of the Income Tax Act (Canada).
Read the original news release →

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M&A / Property