Northwire Canada EditionMonday, September 21, 2026
Northwire
GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
Financings

FAIRCHILD GOLD ANNOUNCES FULLY COMMITTED PRIVATE PLACEMENT FINANCING WITH A EUROPEAN STRATEGIC INVESTOR

FAIR · Price

Executive Summary

  • Fairchild Gold Corp. announced a fully subscribed, non‑brokered private placement of up to 12,222,222 units at C$0.09 per unit, targeting gross proceeds of approximately C$1.1 million.
  • Each unit consists of one common share and one warrant allowing purchase of an additional share at $0.15 for five years; warrants include an acceleration clause tied to a TSX‑V price trigger.
  • Proceeds will be used to advance the Company’s Nevada gold projects and for general working capital, providing material financing support for ongoing exploration activities.

Key Details

  • Units Offered: Up to 12,222,222 units at C$0.09 per unit.
  • Gross Proceeds: Approximately C$1,100,000 (subject to final closing).
  • Composition of Each Unit:
  • 1 common share of Fairchild Gold Corp.
  • 1 common share purchase warrant (right to buy one additional share at $0.15 per share for five years from closing).
  • Warrant Acceleration Clause:
  • If the daily VWAP of Fairchild’s TSX‑V shares is ≥ $0.50 for five consecutive trading days, beginning 12 months after closing (the “Triggering Event”), the Company may accelerate warrant expiry to ten calendar days after notice.
  • Closing Date: Expected on or about October 17, 2025, subject to customary regulatory approvals (TSX‑V and securities law).
  • Hold Period: Securities subject to a hold period of four months and one day from closing under Canadian securities laws.
  • Use of Proceeds:
  • Advance Nevada gold projects (including the Titan Project).
  • General working capital purposes.
  • Investor Base: Majority subscription by a European Strategic Investor; no finder's fees will be paid.
  • Regulatory Conditions: Offering requires approval of TSX Venture Exchange and other applicable regulatory bodies.

Notable Quotes

“This swiftly executed financing led by a seasoned European based Strategic Investor is a strong vote of confidence in the Company’s focused value creation strategy as it accelerates its ongoing efforts in Nevada.” – Nikolas Perrault, CFA, Executive Chairman, Fairchild Gold Corp.

Read the original news release →

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