sur Gold Terra Resource Corp (CVE:YGT)
Gold Terra Expands Offering to C$10.8 Million with Strategic Participation
Gold Terra Resource Corp., listed on TSXV and other exchanges, has increased its offering to C$10.8 million. Notably, strategic shareholder David Harquail has participated. This non-brokered private placement will include 20 million common shares at C$0.18, 20 million charity flow-through shares at C$0.25, and 10 million flow-through shares at C$0.22. The placement is set to close by July 24, 2026, pending TSXV acceptance.
The proceeds will fund Gold Terra's drilling programs on the Con Mine Option property, aiming to validate and extend gold resources. The focus is on the Campbell Shear target and historical tailings, with potential gold between 1 and 2 g/t.
The offering allows use of Canadian exploration expense privileges under the Tax Act, with expenditures expected to be renounced to investors by December 2026. Integrity Capital Group Inc. is involved in the financial process.
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