Daura Gold Announces $2 Million Non- Brokered Private Placement
Daura Gold Announces $2 Million Non-
Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2026) -
Daura Gold Corp.
(TSXV: DGC)
(OTCQB:
DGCOF)
(the "
Company
" or "
Daura
") is pleased to announce a non-brokered private
placement (the "
Offering
") of up to 8,695,652 units (each, a "
Unit
") at a price of $0.23 per Unit for gross
proceeds of up to $2,000,000. Each Unit will consist of one common share of the Company and one-
half-of-one share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the
holder to acquire an additional common share of the Company at a price of $0.375 for a period of
twenty-four months following closing of the Offering.
The Company expects to utilize the proceeds of the Offering to advance its exploration activities in
Argentina and Peru, including ongoing exploration and planned drilling at the Cerro Bayo and La Flora
projects in Argentina, continued advancement of the Company's flagship Antonella project in Peru, and
for general working capital purposes.
In connection with completion of the Offering, the Company will pay finders' fees to eligible third-parties
who have introduced subscribers to the Offering. All securities issued in connection with the Offering will
be subject to restrictions on resale for a period of four-months-and-one-day in accordance with
applicable securities laws. Completion of the Offering remains subject to the approval of the TSX
Venture Exchange.
ABOUT DAURA GOLD CORP.
Daura Gold Corp. is a TSX Venture Exchange-listed exploration company focused on the discovery and
development of high-impact gold and silver assets in South America.
In Peru, the Company holds a 100% undivided interest in over 18,000 hectares of mineral concessions
in the prolific Ancash region, including the 10,600-hectare Antonella-Libelulas Project, which is the
primary focus of ongoing exploration activities.
In Argentina, Daura has entered into a binding letter agreement with Latin Metals Inc. to earn up to an
80% interest in the Cerro Bayo / La Flora Projects, located in the prolific Deseado Massif. This region
hosts numerous producing mines and advanced-stage projects, including Cerro Negro, San José, and
Cap Oeste. The Cerro Bayo / La Flora Projects benefit from established infrastructure, strong community
support, and active exploration programs, including drilling and IP geophysical surveys. Daura
completed its first drill program in Q2 2026 and is beginning Phase II drilling in October 2026.
ON BEHALF OF THE BOARD
Mark Sumner
Chairman & CEO
For further information, please contact:
Kaitlin Taylor, Investor Relations
William T.P. Tsang, CFO and Secretary
(604) 669-0660
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
Information set forth in this news release contains forward-looking statements. These statements
reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees
of future performance. Daura cautions that all forward-looking statements are inherently uncertain and
that actual performance may be affected by a number of material factors, many of which are beyond
Daura's control. Such factors include, among other things: future prices and the supply of gold and
other precious and other metals; future demand for gold and other valuable metals; inability to raise
the money necessary to incur the expenditures required to retain and advance the property;
environmental liabilities (known and unknown); general business, economic, competitive, political and
social uncertainties; results of exploration programs; risks of the mineral exploration industry; delays
in obtaining governmental approvals; adverse weather conditions and failure to obtain necessary
regulatory or shareholder approvals. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Daura disclaims any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as required by law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/313554