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Precipitate Gold Closes $6.5 Million Non-Brokered Private Placement Led by Strategic Dominican Investors
(TheNewswire) Vancouver, B.C. – January 9, 2026 – TheNewswire - Prec...
About this update from Precipitate Gold Corp.
[{"type":"text","content":"Precipitate Gold Closes $6.5 Million Non-Brokered Private Placement Led by Strategic Dominican Investors\n(TheNewswire)\n\n\n\n\n\nVancouver, B.C. – January 9, 2026\n– TheNewswire -\nPrecipitate Gold Corp. (the\n“Company” or “Precipitate”) (TSXV: PRG, OTCQB:\nPREIF) is pleased to announce the closing of its previously disclosed\nnon-brokered private placement (the “Offering”) of 58,950,000\nunits of the Company priced at $0.11 (the “Units”) (see the\nCompany’s news release dated December 29, 2025) for total proceeds\nof $6,484,500.\n\n\n \n\n\nParticipation in the Offering was led by prominent and strategic\nDominican investors, including one of the Dominican Republic’s\nlargest institutional investors, Guess Investments Ltd., together with\nseveral other well-respected leaders from the country’s business and\ninvestment communities.\n\n\n \n\n\nJeffrey Wilson, President and CEO stated, “We are\npleased to close this significant financing, as we welcome important\nnew Dominican institutional partners who are aligning with management\nin the ongoing pursuit of new mineral discoveries within the Dominican\nRepublic.  The sector expertise, strong financial credentials, and\nnatural resource investment experience of these new investors will be\ninvaluable to the Company’s ongoing progress and success.\nAdditionally, the proceeds from the Offering provide the Company with\nsignificant working capital for expanded exploration efforts and\nfuture drill testing of multiple known and emerging targets throughout\nthe Company’s project portfolio.”\n\n\n \n\n\nEach Unit consists of one common share of the Company and one-half of\none common share purchase warrant, each whole warrant exercisable to\nacquire one additional common share of the Company at $0.17 per share\nfor 18 months from the date of issuance. All securities issued in\nconnection with the Offering will be subject to resale restrictions\nfor a period of six months from the date of issuance.\n\n\n \n\n\nProceeds from the Offering will be used to advance ongoing exploration\nand project development activities across the Company’s Dominican\nmineral property portfolio, including aggressive ongoing exploration\nand planned drilling ...