On February 17, 2026, Maple Gold Mines Ltd. completed a “best efforts” brokered private placement offering of 3,525,000 flow-through common shares of the company at a price of $3.40 per flow-through share. Concurrently, Maple Gold completed a non-brokered private placement offering of 1,070,960 flow-through shares at a price of $3.40 per flow-through share and 152,580 common shares of the company at a price of $2.45 per common share. The aggregate gross proceeds of these transactions totaled approximately $16 million.
The LIFE Offering was completed pursuant to an agency agreement between the company and Canaccord Genuity Corp., as lead agent and sole bookrunner, together with Agentis Capital Markets (First Nations Financial Markets Limited Partnership), Beacon Securities Limited, and Paradigm Capital Inc.
Maple Gold also announced that, subsequent to the completion of the offering, Agnico Eagle Mines Limited acquired 662,780 common shares from certain arm’s-length participants in the offering. Following this transaction, Agnico Eagle maintained its pro rata ownership interest in the company at approximately 13.7% on a partially diluted basis.
Cassels acted for Maple Gold.