Beauce Gold Fields arranges $800,000 private placement

Executive Summary

• Beauce Gold Fields Inc. announced a non‑brokered private placement of 2 million to 20 million units at $0.04 per unit, targeting existing shareholders and accredited investors.
• The offering could raise between $80,000 (minimum) and $800,000 (maximum) in gross proceeds, with each unit consisting of one common share and one warrant exercisable at $0.10 for 24 months.
• Proceeds are earmarked for general working capital and the exploration of the company’s gold and phosphate properties, including further drilling of the newly identified Saddle Reef structure.

Key Details

• Units Offered: Minimum 2 million units; maximum 20 million units.
• Price per Unit: $0.04.
• Gross Proceeds: Minimum $80,000; Maximum $800,000 (subject to regulatory approvals).
• Unit Composition: 1 common share + 1 common share purchase warrant.
• Warrant Terms: Exercise price $0.10 per share; exercisable for 24 months after closing date.
• Holding Period: Mandatory holding of each share for 4 months and 1 day from the placement’s closing date.
• Investor Eligibility: Accredited investors (Regulation 45‑106) and existing shareholders (Exemption under Regulation 45‑513).
• Existing Shareholder Limits: Maximum $15,000 purchase in the preceding 12 months (unless advised by a registered dealer); minimum subscription $5,000.
• Allocation Mechanics: If subscriptions exceed 20 million units, allocation will be pro‑rata among existing shareholders; any unfilled portion will be offered to accredited investors.
• Closing Deadline: No later than October 10, 2025, in one or more tranches.
• Use of Proceeds: General working capital and exploration of gold and phosphate projects; up to 10 % may be used for investor‑relations activities; no proceeds for non‑arm’s‑length payments.
• Finder’s Fees: May be paid in accordance with exchange policies.

Notable Quotes

“This offering provides investors with an opportunity to participate in the recent discovery of a gold‑bearing Saddle Reef structure… It also offers the chance to participate in the recently updated exploration target for the entire historical placer gold channel, which has now doubled from previous estimates.” – Patrick Levasseur, President & CEO

All non‑material boilerplate and safe‑harbor language have been omitted.