Business
Exploits Discovery Announces Charity Flow-Through Financing with Quebec Funds and Flow-Through Share Private Placement
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) (the "Company" or "Exploits") is pleased
About this update from Epic Gold Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) (the \"Company\" or \"Exploits\") is pleased to announce that it proposes to undertake a non-brokered, structured Québec charity flow-through private placement (the \"Charity FT Financing\") led by SIDEX L.P. (\"SIDEX\") and NQ Investissement minier (\"NQIM\", and together with SIDEX, the \"Québec Funds\"). The Company also announces that it proposes to undertake an additional non-brokered flow-through private placement for gross proceeds of up to $500,000 (the \"FT Financing\"). \"We are very pleased to have SIDEX and NQIM as key partners in this Québec charity flow-through financing,\" said Jeff Swinoga, President and CEO of Exploits. \"Their support is a strong endorsement of our Québec exploration strategy and the quality of our project pipeline. On behalf of our Board and team, I sincerely thank SIDEX and NQIM for their confidence in Exploits, and we look forward to using these funds for our winter diamond drill program at Fenton as well as other exploration activities to advance our Quebec based gold properties.\" Charity FT Financing Highlights The Charity FT Financing is expected to result in gross proceeds to the Company of up to $1,450,000 through the issuance of flow-through common shares of the Company (the \"Charity FT Shares\") at a price of $0.087 per Charity FT Share. The Charity FT Financing is structured with a hard-dollar back-end subscription of $1,000,000 (the \"Back-End\"), led by the Québec Funds. The Company expects the charity flow-through structure to provide the Company with an effective premium relative to the Back-End subscription amount. The Charity FT Financing is expected to close on or about Wednesday, December 24, 2025, subject to customary closing conditions, including receipt of all required regulatory approvals, including approval of the Canadian Securities Exchange (the \"CSE\"). Each Charity FT Share will qualify as a \"flow-through share\" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the \"Tax Act\") and, to the extent applicable, under Québec tax legislation. FT Financing The FT Financing is expected to result in gross proceeds of up to $500,000 through the issuance of flow-through common shares of the Company (the \"FT Shares\") at a price of...