Northwire Canada EditionSaturday, October 31, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Financings Routine +

Lode Gold Announces Non-Brokered Private Placement of $7 Million Financing with Follow-On Investment from Lead Investor Coast Capital

By The Northwire Desk — AI Analysis Jul 13, 2026 · 23:01 LOD · 0.32 Lode Gold Resources Inc.
LOD · Price

Lode Gold Resources Inc. (LOD) has announced a non-brokered private financing for up to $7,000,000 through the issuance of up to 25,925,926 units at $0.27 per unit. Major shareholder and insider Coast Capital LLC will participate in the offering to increase its stake to approximately 19.9% post-closing. Proceeds are designated for advancing technical work at the Fremont Gold Mine, including drilling for a Preliminary Feasibility Study, strengthening the balance sheet, and general working capital.

Each unit consists of one common share and one common share purchase warrant. The warrants entitle the holder to purchase one additional common share at an exercise price of $0.45 per share. These warrants have a duration of 3 years from the issuance date, with an acceleration clause stating that expiry may be accelerated if shares trade at $0.80 or greater for 10 consecutive days.

The company intends to use the capital to advance technical work at the Fremont Gold Mine. Specific activities include an upcoming drill program for a Preliminary Feasibility Study (PFS), as well as metallurgical, geotechnical, and rock mechanic studies. Additionally, the funds will support the development of an initial mine plan to initiate environmental and permitting work later in 2026. The remaining proceeds will serve to strengthen the balance sheet and provide general working capital. The Company may pay finders' fees to eligible arm's-length parties.

Read the original news release →

More from Lode Gold Resources Inc.

Oct 26, 2026 · 09:02

Lode expands exploration to seven deposits, targeting high-grade French Mine satellite.

Drill Results Oct 19, 2026 · 07:02

Lode confirms technical progress at California’s Fremont Gold Mine through a drill program expansion.

Drill Results Sep 22, 2026 · 14:13

Lode’s debt-free balance sheet clears the path for the Fremont PFS and an underground pivot.

Other Sep 10, 2026 · 10:05

Lode advances metallurgical testing for the Fremont project via a drill permit amendment, targeting a 2027 preliminary feasibility study.

Drill Results Sep 08, 2026 · 18:46

Mariposa County prioritizes mining by clearing the regulatory path for Fremont Gold Mine’s preliminary feasibility study.

Production / Operations Aug 17, 2026 · 11:06

Lode Gold begins metallurgical drilling at Fremont, validating 91% gold recovery rates for the project.

Drill Results