Northwire Canada EditionWednesday, July 15, 2026
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EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
Financings

Desert Gold Updates Financing

By The Northwire Desk — AI Analysis Feb 20, 2026 · 19:46 DAU · 0.1 Desert Gold Ventures Inc.
DAU · Price

Executive Summary

  • Desert Gold Ventures accepted an arms‑length subscription agreement missed during its recent $7,181,800 private placement due to a clerical error.
  • The company will issue 375,000 units for total proceeds of $30,000, with each unit consisting of one common share and half of a warrant (full warrant exercisable at $0.12 after two years).
  • Proceeds are earmarked for general working capital; the securities will be subject to a four‑month‑plus trading restriction and no finder's fees are payable.

Key Details

  • Units Issued: 375,000 units ($30,000 total)
  • Unit Composition: 1 common share + ½ common share purchase warrant (full warrant exercisable after 2 years at $0.12)
  • Finders’ Fees: None payable
  • Trading Restrictions: Units restricted from trading for 4 months and 1 day
  • Use of Proceeds: Added to general working capital
  • Regulatory Condition: Placement subject to TSXV approval

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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