Business
Daura Gold Announces Non-Brokered Private Placement for up to $5,000,000
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - Daura Gold Corp. (TSXV: DGC)...
About this update from Daura Gold Corp.
[{"type":"text","content":"Daura Gold Announces Non-Brokered Private Placement for up to $5,000,000Vancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - Daura Gold Corp. (TSXV: DGC) (\"Daura\" or the \"Company\") announces that it will offer (the \"Offering\") up to 20,000,000 units (each, a \"Unit\") by way of non-brokered private placement at a price of $0.25 per Unit for gross proceeds of up to $5,000,000. Each Unit will consist of one common share of the Company and one-half-of-one share purchase warrant (each whole warrant, a \"Warrant\"). Each Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.375 for a period of twenty-four months following closing of the Offering.The Company expects to utilize the proceeds of the Offering for advancement of its exploration land package in the Ancash Department of Peru, including exploration, project studies and permitting at the Company's flagship Antonella project and the Yanamina Project 40km, north of Antonella, and for general working capital purposes.In connection with completion of the Offering, the Company will pay finders' fees to eligible third-parties who have introduced subscribers to the Offering. All securities issued in connection with the Offering will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. Completion of the Offering remains subject to the approval of the TSX Venture Exchange.ABOUT DAURA GOLD CORP.Listed on the TSX Venture Exchange, Daura is advancing high-impact exploration projects in Peru's renowned Ancash region. Daura owns a 100% undivided interest in over 15,900 hectares of exploration concessions in Ancash, including the 900-hectare Antonella target and adjacent 2,900 Libelulas concessions, which is the primary focus of Daura's current exploration efforts.For further information, please contact:Daura Gold Corp.543 Granville, Suite 501Vancouver BC V6C 1X8William T.P. Tsang, CFO and Secretary(604) [email protected] STATEMENT REGARDING FORWARD-LOOKING INFORMATION:Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Daura cautions that all forward-looking ...