Evergold Secures $300K Financing Through Private Share Placement in 2026
Evergold Corp. has secured a $300,000 private placement financing with principals linked to the Ore Group. The deal, finalised in early 2026, involves the sale of over 1.3 million units at a fixed price per share. Regulatory approval is still required before the transaction is fully completed.
The financing saw Evergold issue 1,304,346 units, each priced at $0.23. Every unit includes one common app and one warrant. These warrants allow holders to purchase an extra common app at $0.30 within two years.
All securities from the deal will face a mandatory hold period of four months and one day. The transaction also remains conditional on approval from the TSX Venture Exchange. As of January 2026, no other investors beyond the Ore Group’s principals have been publicly named in available records.
The funds raised will support Evergold’s operations, though specific uses have not been disclosed. The company must now await final regulatory clearance before the shares and warrants can be traded. Investors holding these securities will need to comply with the four-month hold restriction.