Business
Upside Gold Announces Closing of Upsized Non-Brokered Private Placement
Calgary, Alberta - January 26, 2026 – TheNewswire - Upside Gold Corp. (“Upside” or the “Company”) (CSE: UG) is pleased to announce that it has closed its
About this update from Upside Gold Corp
[{"type":"text","content":"Calgary, Alberta - January 26, 2026 – TheNewswire - Upside Gold Corp. (“Upside” or the “Company”) (CSE: UG) is pleased to announce that it has closed its previously announced upsized non-brokered private placement (the “Offering”) for gross proceeds of $800,000. Pursuant to the Offering, the Company issued 2,000,000 common shares of the Company (the “Common Shares”) at a price of $0.40 per Common Share. The Offering was upsized from the originally announced amount due to increased investor demand, including interest from strategic investors. The gross proceeds of the Offering will provide the Company with additional capital to support ongoing corporate initiatives, strengthen the balance sheet, and, where appropriate, pursue potential acquisition opportunities. The Offering was completed in reliance on applicable prospectus exemptions under National Instrument 45-106 – Prospectus Exemptions. “We are pleased to close this upsized financing and appreciate the strong interest from new and strategic investors,” said Sophy Cesar, Chief Executive Officer of Upside Gold Corp. “This financing enhances our financial position and supports the continued execution of our corporate strategy.” All securities issued pursuant to the Offering are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities legislation. In connection with the Offering, the Company paid finders fees of $30,450 cash and 76,125 non-transferable finder’s warrants in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Each finder’s warrant will entitle the holder to acquire one Common Share at a price of $0.40 for a period of twelve months from issuance. The completion of the Offering remains subject to final acceptance of the Canadian Securities Exchange. For more information about Upside Gold Corp., please visit www.upsidegoldcorp.com. On behalf of Upside Gold Corp. Sophy Cesar CEO and Director [email protected] www.upsidegoldcorp.co About Upside Gold Corp. Upside Gold Corp. is a Canadian gold-copper exploration company that has entered into an option agreement to acquire a 100% interest in the Kena Gold-Copper Project, located in southeastern British Columbia, approximately 7 kilometres south...