Northwire Canada EditionWednesday, November 11, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Financings

Roxmore Resources increases financing to $32.64-million

By The Northwire Desk — AI Analysis Feb 18, 2026 · 16:33 RM · 3.08 Roxmore Resources Inc.
RM · Price

Executive Summary

  • Roxmore Resources Inc. upsized its previously announced non‑brokered private placement to raise C$32.64 million (≈ US$32.64 M) by selling 13.6 million common shares at $2.40 per share.
  • Proceeds will be used primarily to accelerate development of the Converse gold project and for general corporate purposes.
  • The offering is expected to close on or about Feb. 27, 2026, subject to customary closing conditions and regulatory approvals.

Key Details

  • Placement Size: Increased to C$32.64 million gross proceeds.
  • Shares Issued: 13.6 million common shares at $2.40 per share.
  • Use of Proceeds: Primarily to fund advancement of the Converse gold project; remaining amounts for general corporate purposes as approved by management.
  • Closing Date: Anticipated Feb. 27, 2026 (or other date(s) as determined).
  • Statutory Hold Period: Securities subject to a hold period of four months and one day from issuance.
  • Regulatory Conditions: Closing contingent on receipt of required regulatory approvals, including conditional acceptance by the Toronto Stock Exchange.
  • Finder’s Fees: Company may pay finder’s fees to eligible finders in accordance with TSX rules and policies.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Roxmore Resources Inc.

Oct 13, 2026 · 06:01

Ssr Mining will acquire Roxmore’s Converse flagship for C$712m, representing a premium of up to 58%.

M&A / Property Sep 17, 2026 · 16:06

Roxmore’s high-grade western step-out hit 108 g·m Au, extending the Redline corridor.

Drill Results Sep 09, 2026 · 07:01

Roxmore’s Converse Gold Project drilling reaches 50% completion ahead of the 2027 preliminary feasibility study.

Other Sep 01, 2026 · 07:01

Roxmore Resources Reports Additional Drill Results from the Converse Gold Project in Nevada

Drill Results Jul 09, 2026 · 07:01

Roxmore infill drilling confirms Converse deposit grades consistent with the PEA model without delivering new discoveries or step-out results.

Drill Results Jun 03, 2026 · 17:16

Roxmore Makes Secondary Payment for Newton Gold Project

M&A / Property