05:42:40 EDT Tue 13 May 2025
Enter Symbol
or Name
USA
CA



Daura Gold Corp
Symbol DGC
Shares Issued 41,601,466
Close 2025-04-01 C$ 0.175
Market Cap C$ 7,280,257
Recent Sedar Documents

Daura Gold closes shares-for-debt swap

2025-04-02 07:36 ET - News Release

Mr. William Tsang reports

DAURA GOLD ANNOUNCES COMPLETION OF SHARES FOR DEBT TRANSACTION AND ADDITIONAL SHARES FOR DEBT SETTLEMENT

Daura Gold Corp. has completed its previously announced shares-for-debt transaction and the settlement of additional indebtedness for securities of the company.

Further to the company's news releases dated Feb. 19, 2025, and Feb. 21, 2025, the company has completed its previously announced securities-for-debt settlement, issuing 1,124,444 units at a price of nine cents per February debt settlement unit to settle $101,200 in indebtedness owed to an arm's-length third party investor. As previously announced, each February debt settlement unit consisted of one common share of the company and one common share purchase warrant exercisable at a price of 11.5 cents per share for two years from the date of issuance.

In addition, the company has agreed to settle an additional $27,033.35 in indebtedness owed to a separate arm's-length third party for 200,247 units at a price of 13.5 cents per April debt settlement unit. Each April debt settlement unit will consist of one common share of the company and one common share purchase warrant exercisable at a price of 17.5 cents per share for two years from the date of issuance.

The closing of the April debt settlement is subject to customary closing conditions, including the approval of the TSX Venture Exchange. The securities to be issued pursuant to the February debt settlement and the April debt settlement will be subject to a hold period of four months and one day following the date of issuance, in accordance with applicable securities laws and TSX-V policies.

About Daura Gold Corp.

Daura Gold is advancing high-impact exploration projects in Peru's renowned Ancash region. Daura Gold owns a 100-per-cent undivided interest in over 8,100 hectares of exploration concessions in Ancash, including the 900-hectare Antonella target, which is the primary focus of Daura Gold's current exploration efforts.

We seek Safe Harbor.

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