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Ashley Gold Raises CDN$ 1.45 Million in First Tranche of Private Placement

PUBT·10/20/2026 11:05:15
Ashley Gold Raises CDN$ 1.45 Million in First Tranche of Private Placement
  • Ashley Gold closed the first tranche of its non-brokered private placement on October 20, 2026, raising CAD 1.45 million.
  • The maximum offering increased to CAD 2.3 million, including up to CAD 1.3 million in flow-through units.
  • Issued 5,867,484 non-flow-through units at CAD 0.065 each, with half a warrant per unit.
  • Flow-through issuance totaled 13,310,000 units at CAD 0.08 each, with half a warrant per unit.
  • Flow-through proceeds will fund Canadian exploration; non-flow-through proceeds primarily support working capital, administrative expenses, marketing and potential projects.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ashley Gold Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202610200700TNWSWRCACNPR_____1B2aFNz17) on October 20, 2026, and is solely responsible for the information contained therein.