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.
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Jun 12, 2026 · 08:52