Northwire Canada EditionFriday, November 13, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Rights Offering Update

By The Northwire Desk — AI Analysis Dec 05, 2025 · 08:00 AOT · 0.055 ASCOT RESOURCES LTD. J
AOT · Price

Executive Summary

  • Ascot Resources Ltd. announces the final deadline (5:00 pm Toronto time, Dec 12, 2025) for subscriptions to its rights offering of up to C$14,871,517.
  • Shareholders must submit completed subscription forms and payment (cheque, bank draft or money order) to Computershare Investor Services by the deadline to receive Additional Rights Shares.
  • The company reiterates that non‑Canadian shareholders may still participate if they can demonstrate eligibility under their local laws.

Key Details

  • Rights Offering Size: Up to C$14,871,517 in gross proceeds.
  • Subscription Deadline: 5:00 pm (Toronto time) on Friday, Dec 12, 2025.
  • Record Date for Eligibility: November 18, 2025 – shareholders of record in Canadian provinces/territories receive the Rights Subscription Form.
  • Subscription Mechanics:
  • Basic Subscription Privilege – one Additional Right Share per share held on the Record Date (Box 1).
  • Additional Subscription Privilege – ability to subscribe for any remaining shares not taken up under the basic privilege (Box 2), allocated pro‑rata if oversubscribed.
  • Payment Methods: Certified cheque, bank draft, or money order payable to the Rights Agent (Computershare Investor Services Inc.).
  • Contact for Assistance: Tally Barmash – [email protected].
  • Non‑Canadian Shareholder Participation: May be allowed if eligibility can be demonstrated before the deadline, subject to local jurisdictional laws.
  • Documentation Access: Rights Offering circular dated Nov 7, 2025 available on SEDAR+ and the company website; link provided: https://ascotgold.com/investors/rights‑offering/.

Notable Quotes

“Shareholders are reminded that in addition to the Basic Subscription Privilege … shareholders may also subscribe for additional shares …” – Jim Currie, CEO & Director.

Read the original news release →

More from ASCOT RESOURCES LTD. J

Feb 10, 2026 · 18:06

Ascot Resources Announces Key Elements of 2026 Vision, Proposes Name Change to Cambria Gold Mines Inc. and Updates Restructuring

Financings Jan 27, 2026 · 09:05

Ascot Announces Closing of the Final Tranche of Private Placement, Raising Aggregate Gross Proceeds of C$175 Million and Appoints Alex Morrison as Chair of the Board of Directors

Financings Dec 30, 2025 · 12:27

Ascot Escapes Bankruptcy Brink as McLeod Leads $80 Million Recapitalization and Debt Overhaul

Financings Dec 22, 2025 · 08:00

Ascot Announces Updated Private Placement Terms

Financings Dec 16, 2025 · 01:59

Ascot Finalizes Rights Offering, Share Consolidation as Financial Restructuring Progresses.

Financings Dec 02, 2025 · 11:46

None

Financings