Northwire Canada EditionSaturday, July 11, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +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 →

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