Business
RPX Gold Closes C$14.15M “Best Efforts” Life Offering and Private Placement
TORONTO / May 13, 2026 / Business Wire / RPX Gold Inc. (“RPX Gold” or the “Company”) (TSXV: RPX) is pleased to announce that it has closed its previously
About this update from Rpx Gold Inc.
[{"type":"text","content":"TORONTO / May 13, 2026 / Business Wire / RPX Gold Inc. (“RPX Gold” or the “Company”) (TSXV: RPX) is pleased to announce that it has closed its previously announced brokered “best efforts” private placement offering of securities of the Company for aggregate gross proceeds of C$14,144,999.84 (the “Offering”). The Offering consisted of: 11,051,450 units of the Company (the “Non-FT Units”) at a price of C$0.17 per Non-FT Unit. Each Non-FT Unit consists of one common share in the capital of the Company (each, a “Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”); 29,591,576 flow-through units of the Company (the “Tranche 1 FT Units”) at a price of C$0.238 per Tranche 1 FT Unit. Each Tranche 1 FT Unit consists of one Common Share and one-half of one Warrant. Each such Common Share and one-half of one Warrant comprising a Tranche 1 FT Unit will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”); 9,805,000 flow-through units of the Company (the “Tranche 2 FT Units”) at price of C$0.204 per Tranche 2 FT Unit. Each Tranche 2 FT Unit consists of one Common Share and one-half of one Warrant. Each such Common Share and one-half of one Warrant comprising a Tranche 2 FT Unit will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Tax Act; 18,360,225 Common Shares (the “Non-FT Shares”) at a price of C$0.17 per Non-FT Share; and 500,000 Common Shares that qualify as “flow-through shares” as defined in subsection 66(15) of the Tax Act (the “FT Shares”) at a price of C$0.204 per FT Share, the Non-FT Units, Tranche 1 FT Units, Tranche 2 FT Units, Non-FT Shares and FT Shares are collectively referred to herein as the “Offered Securities”. Each Warrant will entitle the holder thereof to acquire one Common Share (a “Warrant Share”) at a price per Warrant Share of C$0.27 until May 13, 2028. The Offering was conducted on a “best-efforts” basis by a syndicate of agents led by Haywood Securities Inc. (“Haywood”), as lead agent and sole bookrunner, and including Research Capital Corporation and Paradigm Capital Inc. (together with Haywood, the “Agents”). The net proceeds from the sale of the Non-FT Units and Non-FT Shares will be used for working capital and general corporate purposes. Th...