$YGT.V $YGTFF Gold Terra (TSXV: YGT) Secures C$1.
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Posted On: 04/16/2025 9:56:46 AM
$YGT.V $YGTFF Gold Terra (TSXV: YGT) Secures C$1.84M as Osisko Gold (NYSE: OR) Commits $2M via Royalty Deal on Yellowknife Project – More Stocks Inside
https://thestreetreports.com/gold-terra-tsxv-...ks-inside/
Gold Terra Resource Corp. (TSXV: YGT) (OTCQB: YGTFF) has officially closed the first tranche of its previously announced non-brokered financing, raising a total of C$1.843 million to further its exploration efforts at the high-grade Con Mine Option Property in Yellowknife, Northwest Territories.
In a significant show of confidence, Osisko Gold Royalties Ltd. (NYSE: OR) has early exercised its royalty option, acquiring a 2% net smelter return (NSR) royalty on Gold Terra’s Yellowknife property for an additional C$2 million cash. This move not only reinforces Osisko’s belief in the project’s upside but also brings the total concurrent funding to over C$4 million.
“We thank our existing shareholders—especially Eric Sprott and Ingalls Snyder—for their continued support,” said Gerald Panneton, Chairman & CEO of Gold Terra. “Osisko’s early royalty exercise is a strong endorsement of our high-grade strategy in Yellowknife, where we’re focused on unlocking value from one of Canada’s richest historical gold mines.”
Proceeds from the financing will fund continued drilling at the Con Mine Option property and general working capital. The property, once home to the historic Con Mine, produced 5.1 million ounces of gold at an average grade of 16 g/t, making it a cornerstone for Gold Terra’s long-term production ambitions.
The financing also included insider participation totaling 2.16 million shares, qualifying as a related party transaction under Canadian securities regulations. All securities issued are subject to a four-month hold period expiring on August 12, 2025.
Additionally, investors should keep a close eye on these five innovative companies making headlines across healthcare, energy, and technology sectors: Sharps Technology Inc. (NASDAQ: STSS), Damon Inc. (NASDAQ: DMN), SUNation Energy Inc. (NASDAQ: SUNE), and LogicMark Inc. (NASDAQ: LGMK)—each presenting unique growth opportunities, disruptive technology solutions, and strategic momentum in 2025. From advanced medical devices to clean energy expansion and smart emergency response systems, these companies are gaining market traction and attracting increased investor interest.
https://thestreetreports.com/gold-terra-tsxv-...ks-inside/
Gold Terra Resource Corp. (TSXV: YGT) (OTCQB: YGTFF) has officially closed the first tranche of its previously announced non-brokered financing, raising a total of C$1.843 million to further its exploration efforts at the high-grade Con Mine Option Property in Yellowknife, Northwest Territories.
In a significant show of confidence, Osisko Gold Royalties Ltd. (NYSE: OR) has early exercised its royalty option, acquiring a 2% net smelter return (NSR) royalty on Gold Terra’s Yellowknife property for an additional C$2 million cash. This move not only reinforces Osisko’s belief in the project’s upside but also brings the total concurrent funding to over C$4 million.
“We thank our existing shareholders—especially Eric Sprott and Ingalls Snyder—for their continued support,” said Gerald Panneton, Chairman & CEO of Gold Terra. “Osisko’s early royalty exercise is a strong endorsement of our high-grade strategy in Yellowknife, where we’re focused on unlocking value from one of Canada’s richest historical gold mines.”
Proceeds from the financing will fund continued drilling at the Con Mine Option property and general working capital. The property, once home to the historic Con Mine, produced 5.1 million ounces of gold at an average grade of 16 g/t, making it a cornerstone for Gold Terra’s long-term production ambitions.
The financing also included insider participation totaling 2.16 million shares, qualifying as a related party transaction under Canadian securities regulations. All securities issued are subject to a four-month hold period expiring on August 12, 2025.
Additionally, investors should keep a close eye on these five innovative companies making headlines across healthcare, energy, and technology sectors: Sharps Technology Inc. (NASDAQ: STSS), Damon Inc. (NASDAQ: DMN), SUNation Energy Inc. (NASDAQ: SUNE), and LogicMark Inc. (NASDAQ: LGMK)—each presenting unique growth opportunities, disruptive technology solutions, and strategic momentum in 2025. From advanced medical devices to clean energy expansion and smart emergency response systems, these companies are gaining market traction and attracting increased investor interest.
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