On February 27, 2025, Newcore Gold Ltd. closed a brokered private placement of 41,096,000 units of the company at a price of $0.365 per unit for gross proceeds of approximately $15 million.
The brokered private placement was led by Paradigm Capital Inc. as lead agent and sole bookrunner, on behalf of a syndicate of agents, including Canaccord Genuity Corp., SCP Resource Finance LP Haywood Securities Inc. and 3L Capital Inc.
Cassels acted for Newcore Gold.