ONGold targets gross proceeds up to $5.35 million in best-efforts private placement

Bitget2026/10/05 11:09

ONGold launched a best-efforts private placement targeting gross proceeds up to $5.35 million. Structure includes flow-through units priced at $0.81 and $0.93, plus HD units priced at $0.58. Agents hold an option to sell additional units for up to $800,000 in extra gross proceeds. HD units include one common share plus a half-warrant; each whole warrant exercises at $0.88 for two years. Closing expected on or about Oct. 27, 2026, subject to TSX Venture Exchange approval. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ONGold Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610050700NEWSFILECNPR____20261005_317311_1) on October 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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