Business
Gold Runner Exploration Announces Closing of Institutional Supported Non-Brokered Private Placement of $4.4 Million
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Gold Runner Exploration Inc. (CSE: GRUN) (FSE: CE70) ("Gold Runner" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement financing for gross proceeds of $4,451,961 from the sale of 4,589,651 units ("Units") at a price of $0.97 per Unit (the "Offering"). Each Unit is comprised of one common share ("Common Share") of the Company and one Common Share purchase warrant...
About this update from Gold Runner Exploration Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Gold Runner Exploration Inc. (CSE: GRUN) (FSE: CE70) ("Gold Runner" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement financing for gross proceeds of $4,451,961 from the sale of 4,589,651 units ("Units") at a price of $0.97 per Unit (the "Offering"). Each Unit is comprised of one common share ("Common Share") of the Company and one Common Share purchase warrant (the "Warrants"), and each Warrant entitles the holder thereof to acquire one Common Share of the Company at a price of $1.50 per Common Share for a period of 36 months from the date of issuance. The securities issued under the Offering have a hold period expiring four months and one day from the date of issuance pursuant to applicable Canadian securities laws. Closing of the Offering remains subject to regulatory approvals, including approval of the Canadian Securities Exchange ("CSE").","length":1060,"tagName":"p"},{"type":"text","content":"Net proceeds from the Offering will be used for exploration and development of the Company's assets, claims and option payments in respect of the Company's projects in the USA and Canada, and for general working capital purposes.","length":237,"tagName":"p"},{"type":"text","content":"Pursuant to the Offering, the Company paid finder's fees to Canaccord Genuity Corp., Ventum Financial Corp., Leede Financial Inc., Haywood Securities Inc. and Redplug Inc. consisting of an aggregate of $77,358 in cash and 79,751 broker warrants, with each broker warrant exercisable for a period of 36 months from the date of issuance at a price of $1.50 per Common Share.","length":376,"tagName":"p"},{"type":"text","content":"This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities of this Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such regist...