Snowline Gold sells 10,350,000 shares in unregistered US private placement at C$ 14.5 each

Reuters2026/08/05 22:53

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Snowline Gold launched a bought-deal share sale for gross proceeds of about C$150 million.
Underwriters agreed to buy 10,350,000 common shares at C$14.5 each; deal expected to close around Aug. 12, 2026.
Shares will be sold in the U.S. via an unregistered private placement exemption under the U.S. Securities Act.
30-day over-allotment option allows underwriters to purchase up to 15% additional shares at the offering price.
Proceeds earmarked for Yukon project advancement, working capital, general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Snowline Gold Corp. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Snowline Gold sells 10,350,000 shares in unregistered US private placement at C$ 14.5 each

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