Northwire Canada EditionTuesday, July 28, 2026
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LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Financings

David Gunning Joins Lode Gold as Technical Advisor

By The Northwire Desk — AI Analysis Jan 07, 2026 · 18:24 LOD · 0.46 Lode Gold Resources Inc.
LOD · Price

Executive Summary

  • Lode Gold entered into a loan amendment with Romspen, extending the maturity to Oct 31 2026 and issuing 700,000 common share purchase warrants at $0.46 exercise price.
  • The company appointed seasoned mining engineer David Gunning as a technical advisor to advance the Fremont Gold Mine project in California.
  • Extension fee of 1% of any outstanding principal will be paid; Romspen forfeits its prior equity conversion rights.

Key Details

  • Loan Amendment: Maturity extended by one year to Oct 31 2026.
  • Warrants Issued: 700,000 common share purchase warrants granted to Romspen, each exercisable at $0.46 per share (based on prior‑day closing price).
  • Extension Fee: Lode Gold will pay Romspen a fee equal to 1% of the outstanding principal balance (if any) remaining unpaid at the new maturity date.
  • Equity Conversion Rights: Romspen relinquishes its existing equity conversion rights under the loan.
  • Technical Advisor Appointment: David Gunning, P.Eng., QP, with 35+ years of underground gold mining experience, joins Lode Gold as a technical advisor for the Fremont Project.
  • Advisor Background: Former VP of Bluestone Resources (Cerro Blanco feasibility), COO/Director of Starcore International Mines (San Martin mine), extensive NI 43‑101 reporting experience.
  • CEO Comment: Wendy T. Chan highlighted Gunning’s expertise in feasibility studies, underground mine design, construction and production optimization as valuable for advancing Fremont.

Notable Quotes

“We are thrilled to have Dave Gunning's expertise contributing to our Fremont Project… His technical knowledge and hands‑on leadership … will be invaluable as we advance our Fremont Project.” – Wendy T. Chan, CEO & Director, Lode Gold.

Read the original news release →

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Lode secured $9m in financing to mobilise drill rigs for near-term prefeasibility study execution at its Fremont project.

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Financings Jul 21, 2026 · 09:51

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Lode Gold secures $7 million to fast-track the Fremont pre-feasibility study and associated drilling program.

Financings Jul 13, 2026 · 23:01

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Financings Jul 09, 2026 · 09:31

Lode secured a 19.9% stake in its exploration subsidiary through a $400,000 strategic investment and debt conversion after clearing legal overhang.

M&A / Property