QGold Announces $2,000,000 Private Placement Flow-Through Financing

Executive Summary

• Q‑Gold Resources Ltd. announced a best‑efforts, non‑brokered private placement of up to 5,714,285 flow‑through common shares for gross proceeds of up to $2 million.
• Closing is expected on or about December 19, 2025, subject to TSX Venture Exchange approval and other customary conditions.
• Proceeds will be used to fund exploration expenses at the Mine Centre property in Ontario; finder fees may include cash commissions up to 8% of gross proceeds and Finder Warrants for up to 8% of shares sold, exercisable at $0.35 per share for 24 months.

Key Details

• Offering Size: Up to 5,714,285 common shares (each a “Flow‑Through Share”).
• Maximum Gross Proceeds: Approximately $2,000,000.
• Closing Date Target: On or about December 19, 2025.
• Statutory Hold Period: Shares subject to a four‑month‑plus‑one‑day hold period after issuance.
• Conditions to Closing: Includes receipt of TSX Venture Exchange (“TSXV”) approval and satisfaction of customary closing conditions.
• Finder Compensation:
• Cash commission up to 8% of gross proceeds.
• Finder Warrants equal to up to 8% of the number of Flow‑Through Shares sold.
• Each Finder Warrant allows purchase of one common share at $0.35 per share for a period of 24 months post‑closing.
• Use of Proceeds: Entire net proceeds will be allocated to exploration activities on the Mine Centre property in Ontario, Canada.
• Regulatory Notices: The release contains forward‑looking statements; the offering is not an offer or solicitation in the United States and securities are not registered under U.S. law.

Notable Quotes

(No direct quotes were provided in the release.)