Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Financings

Upside Gold arranges $600,000 private placement

UG · Price

Executive Summary

  • Upside Gold Corp. announced a non-brokered private placement of up to 1.5 million common shares at $0.40 per share, targeting gross proceeds of up to $600,000.
  • The capital raise is intended to support continuing corporate initiatives and strengthen the company's balance sheet.
  • The transaction is expected to close on or around January 23, 2026, subject to regulatory approvals from the Canadian Securities Exchange and other securities regulators.

Key Details

  • Security Type: Common shares of Upside Gold Corp.
  • Quantity: Up to 1,500,000 shares.
  • Price: $0.40 CAD per share.
  • Gross Proceeds: Up to $600,000 CAD.
  • Placement Type: Non-brokered private placement.
  • Regulatory Basis: Relies on exemptions under National Instrument 45-106 (Prospectus Exemptions).
  • Use of Proceeds: To support continuing corporate initiatives and strengthen the balance sheet.
  • Closing Date: Expected on or about January 23, 2026, or such other date as determined by the company.
  • Conditions Precedent: Approval of securities regulatory authorities and the Canadian Securities Exchange (CSE).
  • Hold Period: All securities issued are subject to a statutory hold period of four months and one day from the date of issuance.
  • Finder’s Fees: Finders' fees may be payable to eligible arm's-length persons in accordance with applicable securities laws.

Notable Quotes

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

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