Rua Gold Announces Upsizing of Non-Brokered Private Placement
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NOT FOR DISSEMINATION IN THE UNITED STATES
OR THROUGH U.S. NEWSWIRE SERVICES
Rua Gold Announces Upsizing of Non-Brokered
Private Placement
VANCOUVER, BC, January 22, 2026 /CNW/ - RUA GOLD INC. ("Rua" or the "Company") (TSXV: RUA)
(OTCQB: NZAUF) is pleased to announce that, due to strong investor demand, it has increased the size of
its previously announced non-brokered private placement offering of common shares of the Company
(“Common Shares”) to raise gross proceeds of up to $8,005,800 (the “Upsized Non-Brokered Offering”),
consisting of 7,278,000 Common Shares at a price of $1.10 per Common Share, up from the previously
announced $5,005,000.
The net proceeds of the Upsized Non-Brokered Offering will be used for exploration and development
activities on the Company’s Reefton Project and Glamorgan Project, both located in New Zealand, and for
working capital and general corporate purposes.
No finder’s fee will be paid in connection with the Upsized Non-Brokered Offering.
The Common Shares issued under the Upsized Non-Brokered Offering will be issued on a non-brokered
private placement basis pursuant to applicable exemptions under National Instrument 45-106 – Prospectus
Exemptions. The Common Shares will be issued to purchasers in each of the provinces of Canada, except
Québec, and other qualifying jurisdictions, including the United States on a private placement basis
pursuant to available exemptions from the registration requirements under the United States Securities Act
of 1933, as amended (the "U.S. Securities Act"). The Common Shares issued under the Upsized Non-
Brokered Offering will be subject to resale restrictio ns pursuant to applicable Canadian securities laws of
four months and one day from the closing date of the Upsized Non-Brokered Offering.
The Upsized Non-Brokered is expected to close on or about January 28, 2026, and is subject to certain
closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional
listing approval of the TSX Venture Exchange ("TSX-V") and the applicable securities regulatory authorities.
The Upsized Non-Brokered Offering is subject to final acceptance of the TSX-V.
The Common Shares have not been registered and will not be registered under the U.S. Securities Act, or
any state securities laws and may not be offered or so ld in the United States or to, or for the account or
benefit of, "U.S. Persons" (as such term is defined in Regulation S under the U.S. Securities Act) absent
registration or an applicable exemption from the r egistration requirements. This news release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in
any state in which such offer, solicitation or sale would be unlawful.
About Rua Gold Inc.
Rua Gold Inc. is an exploration company, strategically focused on New Zealand. With decades of expertise,
their team has successfully taken major discoverie s into producing world-class mines across multiple
continents. The team is focused on maximizing the as set potential of Rua GOLD’s two highly prospective
high-grade gold projects. The Company controls the R eefton Gold District as the dominant landholder in
the Reefton Goldfield on New Zealand’s South Island with over 120,000 hectares of tenements, in a district
that historically produced over 2Moz of gold grading between 9 and 50g/t. The Company’s Glamorgan
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Project solidifies Rua GOLD’s position as a leading high-grade gold explorer on New Zealand’s North
Island. This highly prospective project is located within the North Islands’ Hauraki district, a region that has
produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold
Corporation’s biggest gold mining project, Wharekirauponga.
Robert Eckford
Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
Robert Eckford
Phone: (604) 655-7354
Email: [email protected]
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release includes certain statements that may be deemed “forward-looking statements”. All
statements in this new release, other than statements of historical facts, that address events or
developments that the Company expe cts to occur, are forward-looking statements. Forward-looking
statements are statements that are not historical facts and are gener ally, but not always, identified by the
words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar
expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur and specifically
include statements regarding: closing of the Upsized Non-Brokered Offering, including receipt of approvals
therefor, the Company’s strategies, expectations, planned operations or future actions, including but not
limited to exploration programs at its Reefton and Glamorgan projects and the results thereof. Although the
Company believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual results may
differ materially from those in the forward-looking statements.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance
and actual results or developments may differ materi ally from those projected in the forward-looking
statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company’s
control, affect the operations, performance and results of the Company and its business, and could cause
actual events or results to differ materially from es timated or anticipated event s or results expressed or
implied by forward looking statements. Some of t hese risks, uncertainties and factors include: general
business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-
Ukraine war; risks related to climat e change; operational risks in explor ation, delays or changes in plans
with respect to exploration projects or capital expe nditures; the actual result s of current exploration
activities; conclusions of economic evaluations; ch anges in project parameters as plans continue to be
refined; changes in labour costs and other costs and expenses or equipment or processes to operate as
anticipated, accidents, labour disput es and other risks of the mining industry, including but not limited to
environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays
in obtaining governmental approvals or financing, and commodity prices.
Forward-looking statements are based on the belie fs, estimates and opinions of the Company’s
management on the date the statements are made. Except as required by applicable securities laws, the
Company undertakes no obligation to update these forward-looking statement s in the event that
management’s beliefs, estimates or opinions, or other factors, should change.