Beauce GOLD Fields Closing a Non-Brokered Private Placement
October 24, 2025, Montreal, Quebec, Canada Symbol: TSX.V: BGF
News release – for immediate distribution Shares Outstanding: 109,551,971
BEAUCE GOLD FIELDS CLOSING A NON-BROKERED PRIVATE PLACEMENT
Beauce Gold Fields (Champs D’Or en Beauce) (TSX Venture: "BGF"), referred to as "BGF" or the
"Company," is pleased to announce that it is closing a non-brokered private placement of
19,132,600 units at $0.04 per unit for gross proceeds of $765,304.00
The placement was announced September 17, 2025 and the placement was open for
participation by existing shareholders of Beauce Gold Fields as of the record-closing date of
September 16, 2025, who wish to participate in the placement based on the existing shareholder
exemption offered under Canadian securities laws. The subscriptions by existing shareholders
exceeded the required minimum and accounted for $376,304, the balance of the placement
representing $389,000 having been subscribed to by accredited investors.
Each unit will comprise one common share and one common share purchase warrant of the
company which will entitle the holder thereof to purchase one common share of the capital stock
of the company at a price of $0.10 for a period of 24 months from the date of closing of the
placement. Securities issued under the placement are subject to a four-month and one-day hold
period, in accordance with applicable Canadian securities laws. The placement is subject to
standard regulatory approvals including the approval of the TSX Venture Exchange. The proceeds
of the placement will be used: (i) to finance exploration and (ii) for general corporate purposes.
In connection with the placement, the company will pay a finder's fees of $800.00 to Canaccord
Genuity Corp of Vancouver, British Columbia and $51,300.00 to EMD Financial Inc. of Montreal,
Quebec. It will also issue 16,000 warrants to Canaccord Genuity Corp. and 1,026,000 warrants to
EMD Financial Inc. The warrants will entitle the agents to purchase one common share of the
capital stock of the company at a price of $0.10 for a period of 24 months from the date of closing
of the placement. All shares issued on the warrants exercise are subject to a four-month and one-
dayholdperiod from the date of closing of the placement.
The Company will use the minimum proceeds as well as the maximum proceeds from the private
placement for general working capital and for exploration of its gold and phosphate properties.
No more than 10% of the proceeds of the placement can be used for Investor Relations Activities.
None amount of the proceeds of the placement is for payments to Non-Arm’s length parties of
the company nor for payments to persons conducting Investor Relations Activities.
About Beauce Gold Fields
Beauce Gold Fields is focused on exploring and developing the largest placer gold district in
eastern North America. The Company’s objective is the trace old placer gold workings back to a
bedrock source to uncover economic lode gold deposits. The Company’s flagship property is the
Saint-Simon-les-Mines gold project, site of Canada’s first gold rush that pre-dates the Yukon
Klondike. The Beauce region hosted some of the largest historical placer gold mines in Eastern
North America that were active from 1860s to the 1960s It produced some of the largest gold
nuggets in Canadian mining history (50oz+). (Source Sedar: 43-101 Report - Beauce July 4th 2018,
Author B. Violette)
Beauce Gold Fields is currently drilling recently discovered antiform systems that is believed to
have contributed to the development of extensive auriferous placer deposits in Beauce. The
Company’s geological model suggests that placer gold within the Beauce Gold paleochannel,
including the renowned large nuggets from the 19th century, formed in stressed quartz pockets
within layered domed Axis of Antiforms, exemplified by Saddle Reef formations. Notable global
Saddle Reef formations include the Bendigo gold fields in Australia (over 60 million ounces) and
the high-grade Dufferin deposit in Nova Scotia.
Beauce Gold Fields website www.beaucegold.com
Disclaimers:
This press release contains certain forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate",
"intend", "expect", "in the process" and other similar expressions which constitute "forward-
looking information" within the meaning of applicable securities laws. Forward-looking
statements reflect the Company's current expectation and assumptions, and are subject to a
number of risks and uncertainties that could cause actual results to differ materially from those
anticipated. These forward-looking statements involve risks and uncertainties including, but not
limited to, our expectations regarding mineral exploration. Such statements reflect the current
views of the Company with respect to future events and are subject to certain risks and
uncertainties and other risks detailed from time-to-time in the Company's on-going filings with
the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results,
events, and performance may differ materially. Readers are cautioned not to place undue reliance
on these forward-looking statements. The Company undertakes no obligation to publicly update
or revise any forward-looking statements either as a result of new information, future events or
otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
For further information contact
Patrick Levasseur, President and CEO Tel: (514) 262-9239
www.beaucegold.com