GoldInxs closes first tranche of private placement

• 4,315,270 FT Units were sold at C$0.13 each.
• 784,831 Units were sold at C$0.11 each.
• The company said proceeds will go to Fishpot Project work and working capital.

First tranche

GoldInxs Mining Corp. said on Oct. 6, 2026 that it closed the first tranche of its non-brokered private placement. The tranche brought in aggregate gross proceeds of C$647,316.51.

GoldInxs closes first tranche of private placement

The company issued 4,315,270 flow-through units at C$0.13 each for gross proceeds of C$560,985.10. It also issued 784,831 units at C$0.11 each for gross proceeds of C$86,331.41.

Warrants and proceeds

Each FT Unit included one common share and one warrant. Each Unit also included one common share and one warrant. The warrants are exercisable at C$0.25 for 24 months after closing, subject to an accelerated expiry provision.

GoldInxs said it may accelerate warrant expiry to 30 days after notice if the common shares close at or above C$0.50 for 10 consecutive trading days after closing. The company said proceeds will fund exploration work and other operations at its Fishpot Project in Central British Columbia, along with other flow-through eligible expenses and general working capital.

Fees and filings

In connection with the tranche, GoldInxs said it intends to pay cash finder’s fees of C$28,366.25 and issued 218,201 non-transferable finder’s warrants. The securities issued under the tranche are subject to a statutory hold period expiring four months and one day after closing.

The company said an insider bought 385,000 FT Units, representing C$50,050 of gross proceeds, and that this is a related party transaction under MI 61-101. It said it is exempt from formal valuation and minority approval because the fair market value is below 25% of market capitalization.

GoldInxs said it may complete additional tranches, subject to regulatory approvals including acceptance by the TSX Venture Exchange.