On October 23, 2025, Maple Gold Mines Ltd. completed a brokered private placement of (i) 4,167,000 non-flow-through common shares of the company at a price of $1.20 per non-flow-through common share; and (ii) 4,762,000 flow-through common shares of the company at a price of $1.68 per flow-through common share for total gross proceeds of approximately $13 million. The private placement was conducted pursuant to Part 5A (the Listed Issuer Financing Exemption) of National Instrument 45-106 – Prospectus Exemptions.
The private placement was completed pursuant to an agency agreement among the Company and Beacon Securities Limited, Agentis Capital Markets (First Nations Financial Markets Limited Partnership), Cormark Securities Inc., and Paradigm Capital Inc.
Cassels acted for Maple Gold.