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GOLD STRIKE CLOSES FINAL TRANCHE OF $17.2 MILLION BOUGHT-DEAL FINANCING OF SUBSCRIPTION RECEIPTS
GOLD STRIKE CLOSES FINAL TRANCHE OF $17.2 MILLION BOUGHT-DEAL FINANCING OF SUBSCRIPTION RECEIPTS ...
About this update from Gold Strike Resources Corp.
[{"type":"text","content":"\n\n\nGOLD STRIKE CLOSES FINAL TRANCHE OF $17.2 MILLION BOUGHT-DEAL FINANCING OF SUBSCRIPTION RECEIPTS\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/www.goldstrikeresourcescorp.comTSX-V: GSRVANCOUVER, BC, April 8, 2026 /CNW/ - Gold Strike Resources Corp. (the \"Company\" or \"GSR\") (TSXV: GSR) is pleased to announce, further to its news releases dated March 3, 2026, and March 25, 2026, that it has closed the second and final tranche (\"Tranche 2\") of its previously announced private placement offering (the \"Offering\") of subscription receipts (the \"Subscription Receipts\"), completed on a \"bought-deal\" basis by ATB Capital Markets Corp. and Canaccord Genuity Corp. (together, the \"Underwriters\"). In Tranche 2, which represented a second partial exercise of the over-allotment option granted to the Underwriters, the Company issued 2,218,500 Subscription Receipts at a price of $0.55 per Subscription Receipt (the \"Issue Price\"), for gross proceeds of $1,220,175. Together with the first tranche (\"Tranche 1\") of the Offering, which closed on March 25, 2026, the Company has issued an aggregate of 31,309,273 Subscription Receipts for aggregate gross proceeds of approximately $17,220,100.\nThe Offering was conducted pursuant to an underwriting agreement dated March 25, 2026 between the Company and the Underwriters (the \"Underwriting Agreement\"), and in connection with the Company's proposed acquisition (the \"Acquisition\") of the Florin gold project, the FLR gold project and the RJ gold project, pursuant to a purchase agreement dated March 2, 2026 (the \"Purchase Agreement\") among the Company, LIRECA Resources Inc. (\"LIRECA\") and LIRECA's affiliate, Florin Resources Inc. For further details of the Acquisition and the Purchase Agreement, please see the Company's news releases dated March 3, 2026, and April 1, 2026.The gross proceeds of the Offering (less 50% of the Cash Commission (as defined below) and certai...