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1911 GOLD CLOSES C$23 MILLION "BEST EFFORTS" LIFE OFFERING & PRIVATE PLACEMENT AND PROVIDES CORPORATE UPDATES
1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB) (FRA: 2KY) is pleased to announce that it has completed its previously announced "best...
About this update from 1911 Gold Corp.
[{"type":"text","content":"/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /","length":101,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Dec. 4, 2025 /CNW/ - 1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB) (FRA: 2KY) is pleased to announce that it has completed its previously announced "best efforts" LIFE offering (the "LIFE Offering") and private placement (the "PP Offering", and together with the LIFE Offering, the "Offering") for gross proceeds of C$23,001,103, including the exercise in full of the Agents' Option (as defined in the press release dated November 12, 2025).","length":540,"tagName":"p"},{"type":"image","alt":"1911 Gold Corporation\r\nTSXV: AUMB\r\nOTCQB: AUMBF\r\nFRA: 2KY (CNW Group/1911 Gold Corporation)","displaySize":"","headline":null,"caption":"1911 Gold Corporation TSXV: AUMB OTCQB: AUMBF FRA: 2KY (CNW Group/1911 Gold Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":141,"url":"https://media.zenfs.com/en/cnwgroup.com/2ba1bdb4b98e6dedc929782b7b4f54a2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/oj7yVQ8EL1AuX38xxdUVLQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0OTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/2ba1bdb4b98e6dedc929782b7b4f54a2","width":400,"height":141}},"href":"https://mma.prnewswire.com/media/2838779/1911_Gold_Corporation_1911_GOLD_CLOSES_C_23_MILLION__BEST_EFFORT.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Offering was conducted on a "best efforts" basis led by Haywood Securities Inc. ("Haywood") as lead agent and sole bookrunner, and including Velocity Trade Capital Ltd. (together with Haywood, the "Agents").","length":241,"tagName":"p"},{"type":"text","content":"The LIFE Offering consisted of the sale of: (i) 8,065,000 "Canadian development expenses" flow-through units (the "CDE Offered Units") at a price of C$0.992 per CDE Offered Unit (the "CDE Issue Price"); and (ii) 3,418,500 "Canadian exploration expenses" flow-through units (the "Tranche 1 CEE LIFE Units") at a price of C$1.104 per Tranche 1 CEE LIFE Unit (the "Tranche 1 CEE Issue Price") for aggregate gross proceeds to the Company fr...