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THESIS GOLD CLOSES C$27.5 MILLION UPSIZED BOUGHT DEAL PRIVATE PLACEMENT
THESIS GOLD CLOSES C$27.5 MILLION UPSIZED BOUGHT DEAL PRIVATE PLACEMENT Canada NewsWire...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"\n\n\n\n THESIS GOLD CLOSES C$27.5 MILLION UPSIZED BOUGHT DEAL PRIVATE PLACEMENT\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n July 8, 2025\n \n\n /CNW/ - Thesis Gold Inc. (\"Thesis\" or the \"Company\") (TSXV: TAU) (WKN: A3EP87) is pleased to announce that it has completed its previously announced underwritten offering, including the full exercise of the over-allotment option, for gross proceeds of approximately\n \n C$27.5 million\n \n (the \"Offering\").\n \n\n\n\n\n\n\n\n\n The Offering consisted of (i) 5,770,000 common shares of the Company issued as \"flow-through shares\" with respect to \"Canadian exploration expenses\" (each within the meaning of the Income Tax Act (\n \n Canada\n \n )) (the \"BC CEE Flow-Through Shares\") at a price of\n \n C$1.56\n \n per BC CEE Flow-Through Share for aggregate gross proceeds of\n \n C$9,001,200\n \n ; (ii) 11,114,000 common shares of the Company issued as \"flow-through shares\" with respect to \"Canadian exploration expenses\" (each within the meaning of the Tax Act) (\"National CEE Flow-Through Shares\") at a price of\n \n C$1.445\n \n per National CEE Flow-Through Share for aggregate gross proceeds of\n \n C$16,059,730\n \n and (iii) 1,930,000 common shares of the Company issued as \"flow-through shares\" with respect to \"Canadian exploration expenses\" (each within the meaning of the Tax Act) (\"Traditional Flow-Through Shares\") at a price of\n \n C$1.30\n \n per Traditional Flow-Through Share for aggregate gross proceeds of\n \n C$2,509,000\n \n (the BC CEE Flow-Through Shares, the National CEE Flow- Through Shares and the Traditional Flow-Through Shares are, collectively referred to as the \"Flow-Through Shares\").\n \n\n Existing shareholder Centerra Gold Inc. (\"Centerra\") participated in the Offering to maintain its shareholder interest in the Company.\n \n\n The gross proceeds of the Of...