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Viva Gold Increases The Size Of The Previously Announced Private Placement Offering
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About this update from Viva Gold Corp
[{"type":"text","content":"Viva Gold Increases The Size Of The Previously Announced Private Placement Offering\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n NOT\n \n\n FOR\n \n\n DISTRIBUTION\n \n\n TO\n \n\n UNITED\n \n\n STATES\n \n\n NEWS\n \n\n WIRE\n \n\n SERVICES\n \n\n OR\n \n\n FOR\n \n\n DISSEMINATION\n \n\n IN\n \n\n THE\n \n\n UNITED\n \n\n STATES.\n \n\n\n\n Langley, British Columbia –\n \n\n December 1\n \n\n 6\n \n\n ,\n2025\n \n\n –\n \n\n TheNewswire -\n \n\n Viva Gold Corp. (“Viva Gold” or the\n“Company”) (TSXV: VAU, OTCQB: VAUCF) is pleased to announce that,\ndue to strong investor demand, it has increased the size of its\npreviously announced non-brokered private placement financing (the\n“Offering”), originally announced on December 11, 2025.\n \n\n\n\n The Company has upsized the Offering from up to\n18,750,000 units to up to 25,000,000 units at a price of C$0.16 per\nunit, for gross proceeds of up to C$4,000,000.\n \n\n\n\n Each unit (a “Unit”) will consist of one common\nshare of the Company (a “Common Share”) and one-half of one\nnon-transferable common share purchase warrant (each whole warrant, a\n“Warrant”). Each Warrant will entitle the holder to purchase one\nadditional Common Share at an exercise price of C$0.24 for a period of\n36 months from the date of issuance.\n \n\n\n\n “We are encouraged to see new shareholders coming\ninto Viva alongside our long-time supportive shareholders,” said Jim\nHesketh, President and CEO of Viva Gold. “This strong level of\ninterest reinforces our confidence in the Tonopah Gold Project. We\nlook forward to advancing the project through feasibility work and\npermitting, which we believe should provide Viva shareholders with a\nmeaningful catalyst as we continue to unlock value.”\n \n\n\n\n The net proceeds from the Offering will be used to\nadvance technical and environmental studies in support of\nfeasibility-level work at the Company’s Tonopah Gold Project in\nNevada, including permitting-related activities, as well as for\nadditional geological work and general working capital\npurposes.\n \n\n\n\n Certain insiders of the Company may participate in the\nOffering. Such participation will constitute a “related party\...