Northwire Canada EditionTuesday, November 10, 2026
Northwire
⌕
Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Financings

Independence Gold Announces Private Placement Financing

IGO · Price

Executive Summary

  • Independence Gold Corp. announced a non‑brokered flow‑through equity financing of up to $750,000 at $0.105 per share, issuing 7,142,858 FT shares.
  • Proceeds will be used for eligible Canadian exploration expenditures on the 3Ts Gold and Silver Project in British Columbia, with tax‑beneficial flow‑through treatment.
  • The offering is subject to TSX Venture Exchange approval; securities carry a four‑month‑plus‑one‑day hold period and finders’ fees/warrants may be payable to eligible participants.

Key Details

  • Offering Size: $750,000 gross proceeds.
  • Share Price: $0.105 per flow‑through common share.
  • Shares Issued: 7,142,858 FT shares.
  • Use of Proceeds: Eligible Canadian exploration expenditures (“Qualifying Expenditures”) on the 3Ts Gold and Silver Project; expenses will be renounced to subscribers effective December 31 2026.
  • Regulatory Conditions: Closing subject to TSX Venture Exchange approval and other securities law requirements.
  • Hold Period: Four months and one day from issuance.
  • Finders’ Compensation: Finders’ fees and warrants may be payable to arm’s‑length persons for certain subscriptions, pending compliance with applicable laws.
  • Forward‑Looking Statements: Includes cautions regarding risks and uncertainties; no obligation to update forward‑looking information unless required by law.

Notable Quotes

  • “Randy Turner, President and CEO” – signatory on behalf of the board (no direct quote provided).
Read the original news release →

More from Independence Gold Corp.