On June 26, 2025, Rua Gold Inc. completed a public offering and private placement of 19,714,450 common shares at a price of $0.70 per common share for aggregate gross proceeds of approximately $13.8 million, which included the full exercise of the agents’ over-allotment option.
The offering was led by Cormark Securities Inc. and Red Cloud Securities Inc., as co-lead agents, and included Beacon Securities Limited.
Cassels acted for the agents.