GoGold Announces C$125 Million Bought Deal Financing
NEWS RELEASE
November 11, 2025 Trading Symbols: TSX: GGD
OTCQX: GLGDF
GoGold Announces C$125 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE,
PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN
WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
HALIFAX, Nova Scotia – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold” or the
“Company”) has announced today that it has entered into an agreement with a syndicate of underwriters
led by BMO Capital Markets (collectively the “Underwriters”), under which the Underwriters have agreed
to buy on a bought deal basis 47,170,000 units (the “U nits”), at a price of C$ 2.65 per Unit for gross
proceeds of approximately C$125 million (the “Offering”). The offering is expected to close on or about
November 27, 2025 and is subject to GoGold receiving all necessary regulatory approvals.
Each Unit will be comprised of one common share of the Company (a "Common Share") and half of one
Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall be exercisable
to acquire one Common Share (a "Warrant Share") at a price of C$3.50 per Warrant Share for a period
of three years from the closing of the Offering.
The Company has granted the Underwr iters an option, exerci sable at the offering price for a period of
30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover
over-allotments, if any. Securities sold on exercise of the over-allotment option may be comprised of
additional Units, Common Shares, Warrants or any combination thereof.
The net proceeds of the offering will be used for the exploration and development of the Company’s Los
Ricos projects and for general corporate purposes.
The Units will be offered by way of a short form prospectus in all of the provinces of Canada, other than
Quebec, and may also be offered by way of private placement in the United States. The securities offered
have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or
sold in the United States absent registration or an applicable exemption from the registration
requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of the secu rities in any jurisdiction in which such offer, solicitation or sale
would be unlawful.
About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating,
developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral
Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Rico s North exploration
and development projects in the st ate of Jalisco. Headquartered in Halifax, NS, GoGold is building a
portfolio of low cost, high margin projects. Fo r more information visit gogoldresources.com.
For further information please contact:
Steve Low, Corporate Development
GoGold Resources Inc.
T: 416 855 0435
Email : [email protected]
Or visit : www.gogoldresources.com
CAUTIONARY STATEMENT
CAUTIONARY STATEMENT: The securities described herein have not been, and will not be, registered
under the United States Securities Act of 1933, as am ended (the “U.S. Securities Act”), or any state
securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S.
persons (as defined in Regulation S under the U.S. Se curities Act) except in compliance with the
registration requirements of the U.S. Securities Ac t and applicable state securities laws or pursuant to
exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy
of any of GoGold’s securities in the United Stat es. This news release may contain "forward-looking
information" as defined in applicable Canadian secu rities legislation. All statements other than
statements of historical fact, included in this release, including, without limitation, statements regarding
the Los Ricos project, future operating margins, future production and processing, and future plans and
objectives of GoGold, constitute forward looking information that involve various risks and uncertainties.
Forward-looking information is based on a number of factors and assumptions which have been used
to develop such information but which may prove to be incorrect, including, but not limited to,
assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern,
general economic and market conditions, mineral prices, the accuracy of mineral resource estimates,
and the performance of the Parral project There can be no assurance that such information will prove to
be accurate and actual results and future events could differ materially from those anticipated in such
forward-looking information. Important factors that c ould cause actual results to differ materially from
GoGold's expectations include exploration and devel opment risks associated with GoGold’s projects,
the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices,
variations of recovery rates, and global economic co nditions. For additional information with respect to
risk factors applicable to GoGold, reference s hould be made to GoGold's continuous disclosure
materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual
Information Form. The forward-looking information cont ained in this release is made as of the date of
this release.