Business

K2 Gold Announces Upsize of Non-Brokered Private Placement to up to CDN$25 Million

Vancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) ("K2" or the "Company") is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement whereby the Company will issue up to 35,714,286 common shares in the capital of the Company (the "Offered Shares") at a price of CDN$0.70 per Share (the "Offering Price") for total gross proceeds of up to..

articleK2 Gold CorporationJanuary 29, 20269/company/k2-gold-corporation/news/k2-gold-announces-upsize-non-232700938
K2 Gold Announces Upsize of Non-Brokered Private Placement to up to CDN$25 Million

About this update from K2 Gold Corporation

[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) ("K2" or the "Company") is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement whereby the Company will issue up to 35,714,286 common shares in the capital of the Company (the "Offered Shares") at a price of CDN$0.70 per Share (the "Offering Price") for total gross proceeds of up to approximately CDN$25,000,000 (the "Offering").","length":605,"tagName":"p"},{"type":"text","content":"The Offered Shares will be offered for sale to purchasers resident in each of the provinces and territories of Canada, other than Quebec, pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions ("NI 45-106"), as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The Offered Shares will not be subject to a statutory hold period in Canada (except to the extent the four-month hold period of the TSX Venture Exchange (the "TSXV") applies).","length":654,"tagName":"p"},{"type":"text","content":"There is an amended and restated offering document (the "Offering Document") related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.k2gold.com. Prospective investors should read the Offering Document before making an investment decision.","length":329,"tagName":"p"},{"type":"text","content":"The Offering may also be offered in jurisdictions outside of Canada on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction. All securities not issued pursuant to the Listed Issuer Financing Exemption will be subject to a hold period of four months under applicable securities laws in Canada, in addition to any resale restrictions applicable in the purchaser's jurisdiction.","length":543,"tagName":"p"},{"type":"text","content":"The Company int...

More updates from K2 Gold Corporation

The CompanyK2securities lawsCompanythe OfferingSecurities Act