Daura Gold Upsizes Private Placement To $6,500,000

2025-09-25 03:11:56

(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - Daura Gold Corp. (TSXV: DGC) (" Daura " or the " Company ") announces that due to strong investor interest the Company is upsizing its previously announced non-brokered private placement.

The Company will now offer (the " Offering ") up to 26,000,000 units (each, a " Unit ") by way of non-brokered private placement at a price of $0.25 per Unit for gross proceeds of up to $6,500,000. Each Unit will consist of one common share of the Company and one-half-of-one share purchase warrant (each whole warrant, a " Warrant "). Each Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.375 for a period of twenty-four months following closing of the Offering.

The Company expects to utilize the proceeds of the Offering for advancement of its exploration land package in the Ancash Department of Peru, including the Company's flagship Antonella project and the Yanamina Project 40km, north of Antonella, and for general working capital purposes.

Daura's President, Mark Sumner, commented: "We are very encouraged by the strong demand for this financing, which has exceeded $6.5 million. This support will allow Daura to accelerate its plans and expand the scope of our upcoming work programs."

In connection with completion of the Offering, the Company will pay finders' fees to eligible third-parties who have introduced subscribers to the Offering. All securities issued in connection with the Offering will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. Completion of the Offering remains subject to the approval of the TSX Venture Exchange.

ABOUT DAURA GOLD CORP.

Listed on the TSX Venture Exchange, Daura is advancing high-impact exploration projects in Peru's renowned Ancash region. Daura owns a 100% undivided interest in over 13,000 hectares of exploration concessions in Ancash, including the 900-hectare Antonella target, which is the primary focus of Daura's current exploration efforts.

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