Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Financings Routine +

NexGold Announces Closing of C$10 Million Private Placement of Flow-Through Shares

By The Northwire Desk — AI Analysis Jun 29, 2026 · 07:00 NEXG · 1.21 NeXGold Mining Corp.
NEXG · Price

NeXGold Mining Corp. (NEXG) has closed a private placement of 6,060,600 flow-through shares at C$1.65 per share, raising C$10 million in aggregate gross proceeds. The financing was placed with two long-term institutional shareholders to support mineral resource expansion at the company’s Goldboro and Goliath properties.

The proceeds are designated for "Canadian exploration expenses" qualifying as "flow-through mining expenditures" under the Income Tax Act (Canada), which must be incurred by December 31, 2027. The securities carry a hold period of four months and one day, expiring on October 27, 2026. No finder’s fees or commissions were paid in connection with the transaction.

Kevin Bullock, President, CEO and Director, stated: “We are pleased to announce the closing of this flow-through financing to support continued exploration at our Goldboro and Goliath properties. This financing was placed with two of our long-term, long only, institutional shareholders and will focus on mineral resource expansion potential on our significant property packages.”

Read the original news release →

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