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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Financings

Highway 50 Gold Completes Upsized Non-Brokered Private Placement of Units

By The Northwire Desk — AI Analysis Mar 13, 2026 · 17:13 HWY · 0.48 Highway 50 Gold Corp.
HWY · Price

Executive Summary

  • Highway 50 Gold Corp. completed an upsized non‑brokered private placement, raising $2.414 million from the issuance of up to 6,035,000 units at $0.40 per unit.
  • Each unit includes one common share and one warrant to purchase a common share at $0.50 for one year; additional finder’s warrants were also issued.
  • Proceeds are earmarked for a drill program at the Gold Knob project and general working capital.

Key Details

  • Offering Size: Gross proceeds of $2,414,000.
  • Units Issued: Up to 6,035,000 units at $0.40 per unit.
  • Unit Composition: 1 common share + 1 common share purchase warrant (exercise price $0.50, one‑year term).
  • Finder’s Warrants: Issued to arm’s‑length finders; each warrants the purchase of one common share at $0.50 for one year from closing.
  • Use of Proceeds:
  • Drill program at the Gold Knob project.
  • General working capital purposes.
  • Closing Conditions: Subject to final acceptance by the TSX Venture Exchange.
  • Holding Period: Securities subject to a four‑month hold period per applicable securities laws and exchange rules.
  • Regulatory Notice: Units not registered under U.S. securities laws; offering not available to U.S. persons except as permitted.

Notable Quotes

  • “The successful completion of this upsized private placement provides us with the necessary capital to advance our drill program at Gold Knob and support ongoing operations,” – Gordon P. Leask, President, CEO & Director.
Read the original news release →

More from Highway 50 Gold Corp.

Sep 14, 2026 · 07:01

Highway 50 reports a broad 52m interval at 0.60 g/t gold, interpreted as bulk tonnage rather than high-grade bonanza mineralization.

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Highway 50 Gold launches a 5,000m drill campaign at its Gold Knob project following a March capital raise.

Drill Results Mar 13, 2026 · 19:21

Highway 50 Gold closes $2.41-million private placement

Financings Mar 12, 2026 · 04:41

Highway 50 increases private placement to $2.41-million

Financings Mar 11, 2026 · 17:31

Highway 50 Gold Upsizes Non-Brokered Private Placement of Units

Financings Feb 23, 2026 · 21:04

Highway 50 increases private placement to $2.1-million

Financings