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MINAURUM GOLD INC. ANNOUNCES UPSIZE IN BEST EFFORTS PRIVATE PLACEMENT TO C$20.0M
MINAURUM GOLD INC. ANNOUNCES UPSIZE IN BEST EFFORTS PRIVATE PLACEMENT TO C$20.0M Canada N...
About this update from Minaurum Silver Inc.
[{"type":"text","content":"\n\n\nMINAURUM GOLD INC. ANNOUNCES UPSIZE IN BEST EFFORTS PRIVATE PLACEMENT TO C$20.0M\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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES/\nVANCOUVER, BC, Dec. 3, 2025 /CNW/ - Minaurum Gold Inc. (\"Minaurum\" or the \"Company\") (TSXV: MGG) (OTCQX: MMRGF) is pleased to announce that in connection with its previously announced \"best efforts\" private placement, the Company and Cormark Securities Inc. (\"Cormark\"), on behalf of itself and on behalf of a syndicate investment dealers (collectively, the \"Agents\"), have agreed to increase the size of the previously announced private placement to up to C$20.0 million (the \"Offering\").\nThe Offering will consist of the issuance and sale of 55,555,554 units of the Company (the \"Units\") at a price of C$0.36 per Unit (the \"Issue Price\"). Each Unit will consist of one common share of the Company (each, a \"Unit Share\") and one-half of one common share purchase warrant (each whole warrant, a \"Warrant\"). Each Warrant shall entitle the holder thereof to purchase one common share of the Company (each, a \"Warrant Share\") at a price of C$0.50 on the date that is 24 months following the Closing Date (as defined below). \nThe Units will be offered for sale by way of private placement as follows;\n(i)\nup to 43,888,888 Units to be issued pursuant to Part 5A as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the \"Lis...