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Gold X2 Announces Strategic Investments from AngloGold Ashanti and Hess Capital Through Non-Brokered Private Placement
All dollar amounts are in Canadian dollars ("$") unless otherwise indicatedFinancing Highlights$115,898,301 Total Financing Package by way of non-brokered private placement with three strategic partners:$93,288,301 Charity Flow Through Offering: AngloGold Ashanti and an unnamed strategic investor will acquire 58,992,945 and 16,666,666 common shares, respectively, from various sellers in connection with a charity flow-through offering. The offering comprises an aggregate of 75,659,611 Charity...
About this update from Anglogold Ashanti Plc
[{"type":"text","content":"All dollar amounts are in Canadian dollars ("$") unless otherwise indicated","length":85,"tagName":"p","attribs":{}},{"type":"text","content":"Financing Highlights","length":20,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"$115,898,301 Total Financing Package by way of non-brokered private placement with three strategic partners:","length":108,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"$93,288,301 Charity Flow Through Offering: AngloGold Ashanti and an unnamed strategic investor will acquire 58,992,945 and 16,666,666 common shares, respectively, from various sellers in connection with a charity flow-through offering. The offering comprises an aggregate of 75,659,611 Charity Flow-Through Shares priced at $1.233 per share, representing a 37% premium to the agreed back-end price of $0.90 per share. Upon closing AngloGold Ashanti will hold a 9.9% equity interest in the Company.","length":497,"tagName":"p"}]},{"val":[{"type":"text","content":"$22,610,000 Unit Offering: Michael Hess, Chief Investment Officer of Hess Capital, will acquire 23,800,000 units at a price of $0.95 per unit for a total consideration of $22,610,000. Each unit is comprised of one common share of Gold X2 and one common share purchase warrant of Gold X2 exercisable at $1.42 at any time prior to January 27, 2028. Hess Capital will provide consulting services to Gold X2.","length":404,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":901,"olType":false}]}],"tagName":"ul","bulletedList":true,"length":1009,"olType":false},{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: DF8) ("Gold X2" or the "Company"), is pleased to announce a non-brokered strategic investment package for $115,898,301 consisting of 75,659,611 charity flow-through common shares of the Company (the "Charity FT Shares") and 23,800,000 units of the Company (the "Units").","length":431,"tagName":"p"},{"type":"text","content":"The Company also announces changes to its Board of Directors, with Tom Obradovich appointed Chair of the Board and Brett Richards retiring from the Board.","length":154,"tagName":"p"},{"type":"text","content":"Michael Henrichsen, CEO of Gold X2 commented: "We are ...