on Evergold Corp. (CVE:EVER)
Evergold Corp. Plans $5 Million Private Placement for Golden Lion Drilling
Evergold Corp. announced a non-brokered private placement aiming to raise $5 million through HD Units and FT Shares. The funds will focus on exploring the Golden Lion project in Northern British Columbia.
The project was last drilled in 2021, revealing significant gold and silver at the GL1 Main zone. 2026 plans extend to a northern site with high copper potential, previously underexplored.
Each HD Unit includes a share and half a warrant, exercisable at $0.80 for 24 months. FT Shares qualify under Canadian tax rules. Closing is expected by April 1, 2026, pending regulatory approvals.
Evergold aims for strategic advancements supported by property-wide airborne geophysics and geological studies. All securities comply with Canadian laws and are not registered in the U.S.
R. P.
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