Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,035.10 −1.9% Silver 51.35 −2.5% Copper 6.27 −1.2% Oil 86.34 −0.6% Palladium 1,024.75 +0.3% SLG 6.10 −3.2% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.380 +1.3% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.245 −27.9% RAMP 0.250 −7.4% QTWO 1.72 +6.8% SUM 1.28 −2.6% SGML 7.50 −10.2% BOGO 0.730 −7.6% Gold 4,035.10 −1.9% Silver 51.35 −2.5% Copper 6.27 −1.2% Oil 86.34 −0.6% Palladium 1,024.75 +0.3% SLG 6.10 −3.2% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.380 +1.3% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.245 −27.9% RAMP 0.250 −7.4% QTWO 1.72 +6.8% SUM 1.28 −2.6% SGML 7.50 −10.2% BOGO 0.730 −7.6%
Financings

Thesis closes placement with AngloGold, Centerra

By The Northwire Desk — AI Analysis Feb 26, 2026 · 20:24 TAU · 3.46 Thesis Gold & Silver Inc.
TAU · Price

Executive Summary

  • Thesis Gold & Silver Inc. has closed a strategic private placement raising a total of C$44.4 million, primarily driven by a significant investment from AngloGold Ashanti PLC.
  • AngloGold Ashanti acquired approximately 13.86 million shares at $2.79 per share, securing a strategic stake and specific investor rights, including financing and technical committee participation rights.
  • Existing shareholder Centerra Gold Inc. exercised its pro rata participation rights to maintain its ownership percentage, acquiring additional shares at the same price.

Key Details

  • Total Gross Proceeds: C$44,412,931 (C$38,666,284 from AngloGold Ashanti + C$5,746,647 from Centerra Gold).
  • AngloGold Ashanti Investment:
    • Acquired 13,858,883 common shares.
    • Price: $2.79 per share.
    • Gross Proceeds: $38,666,284.
    • Purpose: Working capital and general corporate purposes, including technical studies at the Lawyers-Ranch gold-silver project.
  • Centerra Gold Participation:
    • Acquired 2,059,730 common shares.
    • Price: $2.79 per share.
    • Gross Proceeds: $5,746,647.
    • Resulting Ownership: 9.9% of outstanding common shares.
  • Investor Rights Agreement:
    • Entered into with AngloGold Ashanti on Feb. 26, 2026.
    • Grants AngloGold Ashanti financing and participation rights to maintain shareholding interest.
    • Includes technical committee appointment rights and other customary investor rights.
  • Transaction Terms:
    • No finders' fees or commissions were paid.
    • All shares are subject to a statutory hold period of four months and one day from closing under Canadian securities legislation.
  • Project Context: Proceeds support work on the Lawyers-Ranch gold-silver project in British Columbia's Toodoggone mining district.

Notable Quotes

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

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