# Rocky Shore closes final financing tranche for Newfoundland exploration

> The final tranche raised C$1.978 million gross, bringing the private placement total to C$5.205 million.

- Canonical URL: https://newsverum.com/en/news/rocky-shore-gold-final-tranche-newfoundland-flow-through-october-2026
- Publisher: Newsverum
- Section: Business
- Country: Canada
- Published: 2026-10-15T23:21:07+00:00
- Updated: 2026-10-15T23:21:07+00:00
- Event / data period: 2026-10-15
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Rocky Shore Gold announced on October 15 the final closing of its private placement to fund exploration at projects in central Newfoundland. It sold 13,186,170 flow-through units at C$0.15 each in the final tranche, raising C$1,977,925.50 gross.

Across both tranches, the placement totaled 34,702,504 units and C$5,205,375.60 gross. The company said proceeds would fund exploration and advancement of its central Newfoundland projects; the financing closing is not a new drilling or discovery result.

## Data

### Gross proceeds in the final financing tranche

Gross amount raised from the sale of 13,186,170 flow-through units.

Methodology: Company-reported C$1,977,925.50 gross proceeds expressed in millions of Canadian dollars; fees and expenses are not deducted.

| label | value | unit | period | basis | value_qualifier |
|---|---|---|---|---|---|
| Final-tranche gross financing proceeds | 1.9779255 | million CAD | 2026-10-15 | observed | exact |

Sources: <https://www.accessnewswire.com/newsroom/en/metals-and-mining/rocky-shore-gold-closes-final-tranche-of-upsized-non-brokered-private-placement-1237287> · Download data: [JSON](https://newsverum.com/api/v1/articles/rocky-shore-gold-final-tranche-newfoundland-flow-through-october-2026/data/reported-figure?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/rocky-shore-gold-final-tranche-newfoundland-flow-through-october-2026/data/reported-figure?lang=en&format=csv)

### Gross proceeds in the final financing tranche

Gross amount raised from the sale of 13,186,170 flow-through units.

Methodology: Company-reported C$1,977,925.50 gross proceeds expressed in millions of Canadian dollars; fees and expenses are not deducted.

| date | label | description | status |
|---|---|---|---|
| 2026-10-15 | Final private-placement tranche closed | Gross proceeds across both tranches totaled C$5,205,375.60; proceeds are allocated to central Newfoundland projects. | occurred |

Sources: <https://www.accessnewswire.com/newsroom/en/metals-and-mining/rocky-shore-gold-closes-final-tranche-of-upsized-non-brokered-private-placement-1237287> · Download data: [JSON](https://newsverum.com/api/v1/articles/rocky-shore-gold-final-tranche-newfoundland-flow-through-october-2026/data/reported-event?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/rocky-shore-gold-final-tranche-newfoundland-flow-through-october-2026/data/reported-event?lang=en&format=csv)

## Sources

- [Rocky Shore Gold Ltd.](<https://www.accessnewswire.com/newsroom/en/metals-and-mining/rocky-shore-gold-closes-final-tranche-of-upsized-non-brokered-private-placement-1237287>) (Source checked: 2026-10-15; Published: 2026-10-15)

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