Business
RPX Gold Announces C$11 Million “Best Efforts” Life Offering and Private Placement
TORONTO, April 16, 2026 (GLOBE NEWSWIRE) -- RPX Gold Inc. (“RPX Gold” or the “Company”) (TSXV: RPX) is pleased to announce that it has entered into an agreement
About this update from Rpx Gold Inc.
[{"type":"text","content":" TORONTO, April 16, 2026 (GLOBE NEWSWIRE) -- RPX Gold Inc. (“RPX Gold” or the “Company”) (TSXV: RPX) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents (together with Haywood, the “Agents”), pursuant to which the Agents have agreed to sell, on a \"best efforts\" private placement basis, securities of the Company (the “Offered Securities”) for maximum gross proceeds to the Company of C$11,000,000 from the sale of the Offered Securities (the “Offering”). Pursuant to the Offering, the Offered Securities shall be comprised of any combination of: (i) common shares of the Company (the “Non-FT Shares”) at a price of C$0.170 per Non-FT Share (the “Non-FT Issue Price”); (ii) units of the Company (the “Non-FT Units”) at a price per Non-FT Unit equal to the Non-FT Issue Price; (iii) common shares of the Company (the “Tranche 1 FT Shares”) at a price of C$0.238 per Tranche 1 FT Share (the “Tranche 1 FT Price”); (iv) units of the Company (the “Tranche 1 FT Units”) at a price per Tranche 1 FT Unit equal to the Tranche 1 FT Price; (v) common shares of the Company (the “Tranche 2 FT Shares”) at a price of C$0.204 per Tranche 2 FT Share (the “Tranche 2 FT Price”); and (vi) units of the Company (the “Tranche 2 FT Units”) at a price per Tranche 2 FT Unit equal to the Tranche 2 FT Price. Closing of the sale of the Offered Securities sold pursuant to the LIFE Exemption (as defined below) is subject to the receipt of minimum gross proceeds of C$4,000,000 from the sale of any combination of Non-FT Shares and Non-FT Units. Each Non-FT Unit will consist of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant of the Company (each whole purchase warrant, a “Warrant”). Each Tranche 1 FT Share will qualify as a “flow-through share” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”)). Each Tranche 1 FT Unit will consist of one Tranche 1 FT Share and one-half of one Warrant. Each Tranche 2 FT Share will qualify as a “flow-through share” (within the meaning of subsection 66(15) of the Tax Act). Each Tranche 2 FT Unit will consist of one Tranche 2 FT Share and one-half of one Warrant. Each Warrant will entitle the holder to acquire one ...