Northwire Canada EditionThursday, November 12, 2026
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Gold 3,886.20 −2.9% Silver 50.03 −3.8% Copper 6.19 −1.5% Oil 88.86 +2.7% Palladium 994.25 −5.0% TDG 0.740 +51.0% PRU 6.07 −3.6% NGEX 21.14 −4.7% TWO 0.370 +0.0% BIG 1.05 +10.5% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.370 −0.7% SAG 0.620 −6.1% VIZ 0.195 +0.0% SAGA 0.370 −7.5% ZEN 0.530 −3.6% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.350 −2.8% RIO 2.62 −2.1% Gold 3,886.20 −2.9% Silver 50.03 −3.8% Copper 6.19 −1.5% Oil 88.86 +2.7% Palladium 994.25 −5.0% TDG 0.740 +51.0% PRU 6.07 −3.6% NGEX 21.14 −4.7% TWO 0.370 +0.0% BIG 1.05 +10.5% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.370 −0.7% SAG 0.620 −6.1% VIZ 0.195 +0.0% SAGA 0.370 −7.5% ZEN 0.530 −3.6% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.350 −2.8% RIO 2.62 −2.1%
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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