Business
RPX Gold Announces Upsize of Previously Announced “Best Efforts” LIFE Offering and Private Placement to C$12,300,000
TORONTO, April 17, 2026 (GLOBE NEWSWIRE) -- RPX Gold Inc. (“RPX Gold” or the “Company”) (TSXV: RPX) is pleased to announce that it has entered into an amendment
About this update from RPX Gold
TORONTO, April 17, 2026 (GLOBE NEWSWIRE) -- RPX Gold Inc. (“RPX Gold” or the “Company”) (TSXV: RPX) is pleased to announce that it has entered into an amendment agreement with Haywood Securities Inc. (“Haywood”), as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents, including Research Capital Corporation and Paradigm Capital Inc. (together with Haywood, the “Agents”), pursuant to which the Agents have agreed to increase the size of the previously announced "best efforts" private placement offering of securities of the Company (the “Offered Securities”) to maximum gross proceeds to the Company of C$12,300,000 (the “Upsized Offering”). Pursuant to the Upsized 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 ...