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).
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Jun 29, 2026 · 05:01