Business
Zodiac Gold Announces Further Upsizing of LIFE Offering
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Zodiac Gold Inc. (TSXV: ZAU) ("Zodiac Gold" or the "Company"), a West African gold exploration company, is pleased to announce that, due to continued strong investor demand, it has further upsized the listed issuer financing exemption offering previously announced on January 12,13 and 15, 2026 (the "Offering") from gross proceeds of up to $5.0 million to gross proceeds of up to $6.1 million. Each unit is priced at $0.20 (the...
About this update from Zodiac Gold Inc
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Zodiac Gold Inc. (TSXV: ZAU) ("Zodiac Gold" or the "Company"), a West African gold exploration company, is pleased to announce that, due to continued strong investor demand, it has further upsized the listed issuer financing exemption offering previously announced on January 12,13 and 15, 2026 (the "Offering") from gross proceeds of up to $5.0 million to gross proceeds of up to $6.1 million.","length":501,"tagName":"p"},{"type":"text","content":"Each unit is priced at $0.20 (the "Unit). Each Unit will consist of (i) one common share of the Company (a "Share") and (ii) one-half of one non-transferable common share purchase warrant (a "Warrant"). Each Warrant will be exercisable for a period of 36 months from the Closing Date (as defined herein) (the "Warrant Term") and will entitle the holder thereof to purchase one additional common share (a "Warrant Share") at an exercise price of $0.30 per Warrant Share if duly exercised on or before the date that is 36 months following the Closing Date","length":598,"tagName":"p"},{"type":"text","content":"In connection with the upsizing, the Company will be filing a third amended and restated offering document related to the Offering and the use by the Company of the Listed Issuer Financing Exemption under the Company's profile on www.sedarplus.ca and will also made it available on the Company's website at www.zodiac-gold.com. Prospective investors should read the third amended and restated offering document before making an investment decision.","length":456,"tagName":"p"},{"type":"text","content":"It is expected that closing of the LIFE Offering will take place in tranches, with the final closing to occur not later than January 30, 2026, or such other date(s) as may be determined the Company. Closing of the LIFE Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals, including the approval of the TSXV.","length":363,"tagName":"p"},{"type":"text","content":"Proceeds from the LIFE Offering will be used primarily to fund a diamond drilling program at the Company's Ben Ben target, aimed at expanding resource development and building on the Company's recent discovery success at...