06:58:39 EDT Tue 13 May 2025
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Daura Capital QT, name change to Daura Gold

2025-01-23 19:46 ET - Change Name

Also New Listing (C-DGC) Daura Gold Corp

The TSX Venture Exchange has accepted for filing Daura Capital Corp.'s qualifying transaction (QT), as described in the company's filing statement dated Dec. 19, 2024. As a result, on Monday, Jan. 27, 2025, the company will no longer be considered a capital pool company (CPC). The QT includes the following.

Pursuant to a share exchange agreement dated July 16, 2024, the company has acquired all the outstanding securities of Estrella Gold S.A.C. The company issued an aggregate of seven million common shares to the securityholders of Estrella, excluding the common shares issued under the private placements below.

For further information, please refer to the company's filing statement dated Dec. 19, 2024, and to the company's news release dated Jan. 21, 2025.

Private placement -- non-brokered

Prior to the completion of the QT, the company completed a private placement resulting in the issuance of the following securities in the resulting issuer.

Financing type:  non-brokered private placement

Gross proceeds:  $1,466,623

Offering:  24,443,732 listed shares and 24,443,732 warrants

Offering price:  six cents per listed share

Warrant exercise terms:  10 cents per listed share for a two-year period

Commission in securities:  1,126,979 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 10 cents for a two-year period.

Disclosure:  Refer to the company's news releases dated Dec. 23, 2024, and Jan. 21, 2025.

Shares for debt

Prior to the completion of the QT, the company completed the issuance of 3,103,066 shares to settle outstanding debt for $186,184.

Number of service providers:  three creditors

Non-arm's-length-party involvement:  $123,184, 2,053,066 shares at six cents (two parties)

Disclosure:  Refer to the company's news release dated Jan. 21, 2025.

Name change

Following a board resolution passed on Jan. 20, 2025, effective at the opening on Monday, Jan. 27, 2025, the common shares of the resulting issuer will commence trading on the TSX Venture Exchange and the common shares of Daura Capital will be delisted.

Resume trading

Further to the bulletin dated May 2, 2024, effective at the opening on Monday, Jan. 27, 2025, the common shares of Daura Gold Corp. will commence trading on the TSX Venture Exchange under the symbol DGC and the common shares of Daura Capital (DUR.P) will be delisted.

Posttransactional capitalization:  unlimited number of common shares with no par value, of which 41,601,466 common shares are issued and outstanding

Escrow:  13,011,320 common shares (including 2,766,668 CPC escrowed shares), of which 1,716,132 common shares are released as at the date of this bulletin

Transfer agent:  Computershare Investor Services Inc.

Trading symbol:  DGC (new)

Cusip No.:  23833F 10 1 (new)

The resulting issuer is classified as a gold and silver ore mining company (NAICS No. 21222).

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