Business
Ashley Gold Announces Filing of an Amended and Restated LIFE Offering Document
Calgary, Alberta – February 4, 2026 – TheNewswire - Ashley Gold Corp. (CSE: ASHL) (“Ashley” or the “Company”) announces that the Company has filed an Amended an
About this update from Ashley Gold Corp.
[{"type":"text","content":"Calgary, Alberta – February 4, 2026 – TheNewswire - Ashley Gold Corp. (CSE: ASHL) (“Ashley” or the “Company”) announces that the Company has filed an Amended and Restated Offering Document dated February 4, 2026 (“OD”), on both the SEDAR+ platform and the Company’s website. The updated document clarifies use of proceeds from prior financings, conforming with the Alberta Securities Commission requirements. All numbers and figures remain as previously stated in a release dated January 26, 2025, re-stated below. Highlights: WCPD will lead a LIFE charity flow through (CFT”). CFT will occur at $0.11 per unit with a 3 year half warrant at $0.12. A minimum of $500,000 to a maximum of $1.5 million in charity flow through units - consisting of 4,545,454 Units to a maximum of 13,636,363 Units, constituting the CFT portion of the raise. A concurrent hard dollar LIFE financing (NFT”) will occur at $0.08 per unit with a 3 year half warrant at $0.12. The hard dollar LIFE financing will be set at a minimum of $300,000 to a maximum of $500,000 – consisting of 3,750,000 Units to a maximum of 6,250,000 Units, constituting the NFT portion of the raise. The Company has engaged Research Capital Corporation (the Finder”) as exclusive finder and sole booker runner to assist with the Offering. Use of Proceeds: Up to 4,000m program on closing, Rodren Drilling Ltd. will move crew to site for a mid-late February campaign and can park the drill on the Tak for a follow up program. 3D IP survey quotes and execution during the winter, following and concurrent to confirmation drilling. Proceeds available for Alto-Gardnar IP survey and exploratory spring drill program (500m). President Noah Komavli; “This LIFE financing will allow Ashley to achieve its drilling goals, with nearly immediate mobilization occurring on closing. The Tak Patents have never seen significant drilling, and, given the size, grades and spot prices - it’s time to move aggressively on delineation efforts. This historic package was seemingly forgotten to time, Ashley will pick up where mining legends like Cominco and Lac Minerals (Barrick) left off. Our goal is to drive value creation, with an initial drill campaign to confirm grades, infilling in historic fences and stepping out. In tandem or slightly thereafter, 3D IP will follow. As as...