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Taurus Gold Closes Non-Brokered Private Placement

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Taurus Gold Closes Non-Brokered Private Placement

 

 

 

 

 

Taurus Gold Corp. (CSE: TAUR)  Further to the press release dated October 1, 2025, the Company is pleased to announce that it has closed its non-brokered private placement of units, with each Unit consisting of one common share in the capital of the Company and one common share purchase warrant, in the principal amount of CDN $6,116,411.

 

The Company issued 122,328,220 Units at a price of $0.05 per Unit in connection with the closing of the Offering. Additionally, in connection with the Offering, the Company issued 300,000 Shares at a price of $0.05 per Share in connection with a debt settlement of $60,000 with an arm’s length party. In connection with the closing of the Offering, eligible finders were paid an aggregate of $489,312 in cash, and issued an aggregate of 9,786,257 finder’s warrants, with each finder’s warrant being exercisable for a period of three (3) years from the date of closing of the Offering, at an exercise price of $0.064 per common share underlying each finder’s warrant.

 

The Offering is subject to the receipt of all required regulatory approval, including acceptance of the Canadian Securities Exchange (the “CSE“). All securities issued in connection with the Offering (including the Shares, Warrants, and Finder’s Warrants) and the Settlement are subject to a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws.

 

In connection with the Offering, and pursuant to the policies of the CSE, as the Company issued securities representing greater than 100% of the previously outstanding common shares of the Company, the Company received written approval of greater than 50% of the disinterested shareholders of the Company to proceed with the Offering. No new insiders or control persons (as such terms are defined in applicable securities laws) were created as a result of the Offering.

 

The securities issued under the Offering or the Settlement have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and were not to be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

 

About Taurus Gold Corp.

 

Taurus Gold is a growth-oriented mineral exploration company with a 51% interest in the Charlotte gold- silver property in the Yukon. The Charlotte Property covers approximately 23 square kilometers and is road accessible within the established Dawson Range mining district. The Company’s focus remains on advancing this flagship property through systematic exploration and development.

Posted October 21, 2025

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