Thesis Gold Inc. (TSX-V: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce that it has closed its previously announced non-brokered private placement of 739,437 common shares at a price of $1.42 per Common Share, for aggregate gross proceeds of approximately $1,050,000.
The proceeds from the Offering will be used to fund advancement of the Company’s mineral exploration project and for general working capital purposes. The Company has not paid any finder’s fees or commissions in connection with the Offering. The Offering is subject to final approval of the TSX Venture Exchange.
All Common Shares issued pursuant to the Offering are subject to a statutory hold period of four months and one day from the date of closing, in accordance with applicable Canadian securities legislation.
On behalf of the Board of Directors
Thesis Gold Inc.
“Ewan Webster”
Ewan Webster Ph.D., P.Geo. President, CEO, and Director
About Thesis Gold Inc.
Thesis Gold Inc. is a resource development company focused on unlocking the potential of its 100% owned Lawyers-Ranch Project, located in British Columbia’s prolific Toodoggone Mining District. The recently completed Preliminary Economic Assessment highlights robust project economics, including a 35.2% after-tax IRR and an after-tax NPV5% of C$1.28 billion, demonstrating the potential for significant value creation. The Company’s 2025 roadmap includes a robust exploration and drill program, delivery of a Pre-Feasibility Study on the combined Lawyers-Ranch Project, and commencement of the Environmental Impact Assessment process. Through these strategic moves, Thesis Gold intends to elevate the Lawyers-Ranch Project to the forefront of global precious metals ventures.
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