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Radius Gold closes $1.25 million private placement financing

PUBT·08/28/2026 11:01:12
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Radius Gold closes $1.25 million private placement financing
  • Radius Gold closed a non-brokered private placement, issuing 10,400,000 units at $0.12 for gross proceeds of $1.25 million.
  • Each unit includes one common share, one warrant exercisable at $0.2 per share for one year.
  • Finder’s fees totaled $23,760 cash, 198,000 warrants on the same terms as the unit warrants.
  • Proceeds earmarked for exploration at the Tierra Roja copper project, the Jonco silver project, working capital.
  • Placement securities face resale restrictions until Dec. 28, 2026; transaction remains subject to final 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. Radius Gold Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608280700TNWSWRCACNPR_____1kZaFyEOD) on August 28, 2026, and is solely responsible for the information contained therein.