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Northstar Gold Corp Closes First Tranche of Critical Minerals Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Northstar Gold Corp. (CSE: NSG) ("Northstar" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of Critical Minerals flow-through common shares (the "Offering") (Please see Northstar's News Release dated April 20, 2026).Offering OverviewThe Offering consisted of the issuance of an aggregate of 4,285,714 critical minerals flow-through common shares
About this update from Northstar Gold Corp. Class A
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Northstar Gold Corp. (CSE: NSG) ("Northstar" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of Critical Minerals flow-through common shares (the "Offering") (Please see Northstar's News Release dated April 20, 2026).","length":405,"tagName":"p"},{"type":"text","content":"Offering Overview","length":17,"tagName":"p"},{"type":"text","content":"The Offering consisted of the issuance of an aggregate of 4,285,714 critical minerals flow-through common shares (the "FT Common Shares") at a price of $0.07 per share, for aggregate gross proceeds of CDN$299,999.98.","length":226,"tagName":"p"},{"type":"text","content":"The FT Common Shares qualify as "flow-through shares" within the meaning of the Income Tax Act (Canada). The gross proceeds from the FT Common Shares will be used to incur eligible Canadian exploration expenses that qualify as "flow-through mining expenditures" and will be renounced to subscribers with an effective date no later than December 31, 2026. The Company expects to close a second tranche in the near-term.","length":438,"tagName":"p"},{"type":"text","content":"In connection with the Offering, the Company paid cash finder's fees of $18,000.","length":84,"tagName":"p"},{"type":"text","content":"All securities issued pursuant to the Offering are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.","length":313,"tagName":"p"},{"type":"text","content":"The Offering remains subject to final approval of the Canadian Securities Exchange, and the Company intends to close a second tranche in the near term.","length":151,"tagName":"p"},{"type":"text","content":"Cam Copper Project Consortium and Surgical Mining Technology Partnership ","length":72,"tagName":"p"},{"type":"text","content":"Northstar's 100%-owned Cam Copper project is located 18 kilometres southeast of Kirkland Lake, Ontario.","length":107,"tagName":"p"},{"type":"text","content":"A Surgical MiningTM pilot program is advancing under a ...