Scottie Resources raises C$21.38 million in placement closings
The Canadian gold developer closed a brokered placement and the first tranche of a non-brokered offering; a final tranche of about C$2.6 million remained pending.
Event / data period: 2026-10-09
Published: · Updated:
Scottie Resources said on October 9 that it had closed its previously announced brokered private placement and the initial tranche of a non-brokered offering. It issued a combined 7,359,870 common and flow-through shares for gross proceeds of C$21,382,465.40, including 194,212 flow-through shares. Brokered shares were priced at C$2.90 each and flow-through shares at C$3.10.
The company plans to use flow-through proceeds for eligible exploration expenses at the Scottie Gold Mine project in British Columbia, and other net proceeds for working capital, technical studies and permitting. A second and final non-brokered tranche of about C$2.6 million was expected around October 14; both offerings remained subject to final exchange acceptance. The C$21.38 million is therefore the amount closed at that stage, not confirmation that the full offerings were complete.
Data
Private-placement amount closed
The Canadian gold developer closed a brokered placement and the first tranche of a non-brokered offering; a final tranche of about C$2.6 million remained pending.
- · Occurred
Private-placement amount closed
This closing total combines the brokered offering and first non-brokered tranche; the roughly C$2.6 million second tranche had not yet closed.
Methodology
The release reports the closed amount, gross proceeds and intended uses. The expected second tranche is not treated as completed.
Updated:
Source indicators
The Canadian gold developer closed a brokered placement and the first tranche of a non-brokered offering; a final tranche of about C$2.6 million remained pending.
- Aggregate gross proceeds of these closings
- 21,382,465.4 CAD
- 2026-10-09 · Observed
- Shares issued in these closings
- 7,359,870 count
- 2026-10-09 · Observed
Methodology
The release reports the closed amount, gross proceeds and intended uses. The expected second tranche is not treated as completed. Numeric periods denote the announcement date; Canada identifies the company or project scope, not a national total.
Updated:
Subjects and places
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