Solstice Gold Announces Closing of Fully Subscribed Private Placement
Solstice Gold closed its fully subscribed private placement on September 4, 2026, issuing 10,833,333 common shares at $0.06 per share for gross proceeds of approximately $650,000. The proceeds are designated to fund the cash consideration for the company's acquisition of 100% of the surface and mining rights of the Leckie Patents plus 43 unpatented mining claims, consolidating the historically significant Leckie Gold Zone into its Strathy Gold Project, with transaction closing anticipated on or about September 14, 2026.
Key figures
- Deal Value Usd
- 650000
- Offering Price
- 0.06
- Shares Offered
- 10833333
- Hold period
- four months and one day
- Finders fees
- No
- Insider shares
- 883333
- Acquisition asset
- 100% interest in surface and mining rights of the Leckie Patents (PAT-27645, PAT-27646) and 43 unpatented mining claims
- Gross proceeds usd
- 650000
- Red cedar discovery
- 8.5 g/t Au over 3.5 m
- Insider proceeds usd
- 53000
- Acquisition target close
- on or about September 14, 2026
- Leckie historical drilling m
- 23000
AI analysis
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