Daura Gold Announces Non-Brokered Private Placement for up to $5,000,000
Daura Gold Announces Non-Brokered Private
Placement for up to $5,000,000
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - Daura Gold Corp. (TSXV: DGC)
("
Daura
" or the "
Company
") announces that it will offer (the "
Offering
") up to 20,000,000 units (each, a
"
Unit
") by way of non-brokered private placement at a price of $0.25 per Unit for gross proceeds of up
to $5,000,000.
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 for advancement of its exploration land
package in the Ancash Department of Peru, including exploration, project studies and permitting at the
Company's flagship Antonella project and the Yanamina Project 40km, north of Antonella, 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.
Listed on the TSX Venture Exchange, Daura is advancing high-impact exploration projects in Peru's
renowned Ancash region. Daura owns a 100% undivided interest in over 15,900 hectares of exploration
concessions in Ancash, including the 900-hectare Antonella target and adjacent 2,900 Libelulas
concessions, which is the primary focus of Daura's current exploration efforts.
For further information, please contact:
Daura Gold Corp.
543 Granville, Suite 501
Vancouver BC V6C 1X8
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/267509