19:33:56 EDT Wed 23 Sep 2026
Enter Symbol
or Name
USA
CA



Daura Gold Corp
Symbol DGC
Shares Issued 84,908,375
Close 2026-09-23 C$ 0.255
Market Cap C$ 21,651,636
Recent Sedar+ Documents

ORIGINAL: Daura Gold Upsizes Non-Brokered Private Placement to C$3 Million

2026-09-23 16:32 ET - News Release

Vancouver, British Columbia--(Newsfile Corp. - September 23, 2026) - Daura Gold Corp. (TSXV: DGC) (OTCQB: DGCOF) (the "Company" or "Daura") is pleased to announce that due to strong investor interest, the Company is upsizing its previously announced non-brokered private placement offering (the “Offering”) from up to 8,695,652 units (each a “Unit”) to up to 13,043,478 Units at a price of $0.23 per Unit for gross proceeds of up to $3,000,000.

Each Unit will consist of one common share of the Company and one-half-of-one share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.375 for a period of twenty-four months following closing of the Offering.

"We are very pleased with the level of interest in the financing and the support from both existing and new investors," said Mark Sumner, Chairman and CEO of Daura Gold. "The additional capital will further strengthen our position as we enter an active period of exploration, with Phase II drilling at Cerro Bayo and initial drilling at La Flora in Argentina, while continuing to advance Antonella toward its planned Phase I drill program in Peru. We appreciate the continued support of our existing shareholders and look forward to welcoming new investors as we execute on these upcoming catalysts."

The Company expects to utilize the proceeds of the Offering to advance its exploration activities in Argentina and Peru, including ongoing exploration and planned drilling at the Cerro Bayo and La Flora projects in Argentina, continued advancement of the Company's flagship Antonella project in Peru, and for general working capital purposes.

In connection with completion of the Offering, the Company will pay finders' fees to eligible third-parties who have introduced subscribers to the Offering. All securities issued in connection with the Offering will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. Completion of the Offering and the payment of any finders’ fees remains subject to the approval of the TSX Venture Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. persons (as defined in the U.S. Securities Act) unless registered under the U.S. Securities Act and the securities laws of any applicable state of the United States of America, or an exemption from such the registration requirements thereof is available.

ABOUT DAURA GOLD CORP.

Daura Gold Corp. is a TSX Venture Exchange-listed exploration company focused on the discovery and development of high-impact gold and silver assets in South America.

In Peru, the Company holds a 100% undivided interest in over 18,000 hectares of mineral concessions in the prolific Ancash region, including the 10,600-hectare Antonella-Libelulas Project, which is the primary focus of ongoing exploration activities.

In Argentina, Daura has entered into a binding letter agreement with Latin Metals Inc. to earn up to an 80% interest in the Cerro Bayo / La Flora Projects, located in the prolific Deseado Massif. This region hosts numerous producing mines and advanced-stage projects, including Cerro Negro, San José, and Cap Oeste. The Cerro Bayo / La Flora Projects benefit from established infrastructure, strong community support, and active exploration programs, including drilling and IP geophysical surveys. Daura completed its first drill program on the Cerro Bayo / La Flora Projects in Q2 2026 and is beginning Phase II drilling in October 2026.

ON BEHALF OF THE BOARD

Mark Sumner

Chairman & CEO

For further information please contact:

Kaitlin Taylor, Investor Relations
investors@dauragold.com

William T.P. Tsang, CFO and Secretary
(604) 669-0660
btsang@seabordservices.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Daura cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Daura's control. Such factors include, among other things: future prices and the supply of gold and other precious and other metals; future demand for gold and other valuable metals; inability to raise the money necessary to incur the expenditures required to retain and advance the property; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; risks of the mineral exploration industry; delays in obtaining governmental approvals; adverse weather conditions and failure to obtain necessary regulatory or shareholder approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. In addition, there is no assurance that the Offering will be completed on the terms announced or at all. Accordingly, readers should not place undue reliance on forward-looking statements. Daura disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/315596

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