1911 Gold Corporation has entered into an agreement with Haywood Securities Inc. for a private placement offering of common shares, with expected gross proceeds of up to C$12,969,635. The offering includes different types of shares at various prices per share. The Company has also granted the Agents an option to sell additional shares up to 15% of the total offering. The net proceeds from the sale of the shares will be used for general corporate and working capital purposes. The offering is expected to close on or about October 15, 2025, subject to certain conditions and regulatory approvals.

1911 Gold Corporation, a junior developer, owns a consolidated land package in Manitoba, Canada, with the True North mine and mill complex. The Company believes its land package offers significant exploration potential for developing a mining district centered around the True North complex. The Company also holds projects in Snow Lake, Manitoba, and Timmins, Ontario, and is focused on organic growth and acquisition opportunities in North America. The offering will not be subject to resale restrictions under Canadian securities laws, and the PP Non-FT Shares will have a hold period of four months and one day in Canada.

Read more at GlobeNewswire: 1911 Gold Announces C$13 Million “Best Efforts” Life