08:19:53 EST Sat 06 Dec 2025
Enter Symbol
or Name
USA
CA



Dynasty Gold Corp (2)
Symbol DYG
Shares Issued 70,305,158
Close 2025-12-05 C$ 0.185
Market Cap C$ 13,006,454
Recent Sedar Documents

Dynasty Gold arranges $751,800 private placement

2025-12-05 20:36 ET - News Release

Ms. Ivy Chong reports

DYNASTY GOLD CLOSES NON-BROKERED FINANCING

Dynasty Gold Corp., subject to exchange approval, intends to close a non-brokered private placement for total gross proceeds of $751,800, combining both non-flow-through and flow-through units. The company builds on its existing cash reserve of over $3-million and is now fully financed for its current drill program and the 2026 exploration program.

The company received subscriptions for 1,255,555 units of non-flow-through common shares for proceeds of $226,000. Each unit of non-flow-through shares consists of one common share at 18 cents and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at 30 cents for 24 months from closing. The company has the right to call the warrant for expiry upon giving 20 days of notice if the common share trades at or above 43 cents on the TSX-V for seven consecutive days. Finders' fees of $15,820 and brokers' warrants of 87,888 are payable to registered dealers. The brokers' warrants have the same terms as the common share warrants. The net proceeds received from the non-flow-through offering will be used for working capital.

The flow-through financing consists of 2.39 million units for proceeds of $525,800. Each flow-through unit consists of one flow-through share at 22 cents and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one non-flow-through common share at 33 cents for 24 months from closing. The company has the right to call the warrant for expiry upon 20 days of notice if the common share trades at or above 43 cents on the TSX-V for seven consecutive days. A finder's fee of $30,360 and 138,000 non-flow-through common share warrants is payable to Roche Securities Ltd. Each warrant entitles the holder to purchase one common share at 22 cents for 24 months from closing. Other terms of the common share warrants apply.

The gross proceeds from the flow-through offering will be used to incur Canadian exploration expenses that are flow-through mining expenditures, as defined in Subsection 66(15) of the Income Tax Act (Canada), to advance the corporation's Thundercloud gold project in Ontario. The proceeds will be renounced to the subscribers with an effective date no later than Dec. 31, 2025, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of the flow-through shares.

All securities issued and issuable pursuant to the private placement will be subject to a four-month-and-one-day statutory hold period.

About Dynasty Gold Corp.

Dynasty Gold is a Canadian mineral exploration company currently focused on gold exploration in North America. Its 100-per-cent-owned Thundercloud property is situated within the Archean Manitou-Stormy Lakes greenstone belt in Northwestern Ontario. The company is currently drilling to expand the National Instrument 43-101 gold resource. An NI 43-101 resource estimate report can be found on the company's website and on SEDAR+. The 100-per-cent-owned Golden Repeat gold project in the Midas gold camp in Elko county, Nevada, shares similar geological features as the Midas gold mine and is surrounded by a number of large-scale operating mines.

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