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Beauce Gold Fields Closes $449,983 Private Placement for Exploration
Montreal, Quebec — October 30, 2025 — Leads & Copy — Beauce Gold Fields (TSX Venture: BGF) has announced the closing of a non-brokered flow-through private placement of 9,999,622 units at $0.045 per unit, raising gross proceeds of $449,983.00. Each unit includes one common share and one common share purchase warrant, allowing the holder to purchase one common share at $0.12 for 24 months.
Securities issued are subject to a four-month and one-day hold period, pending regulatory approvals, including TSX Venture Exchange approval. The company will pay finder's fees of $40,048.30 and issue 711,970 warrants to EMD Financial Inc., with the same terms for warrant exercise. Proceeds will fund exploration of gold and phosphate properties, with no more than 10% allocated to Investor Relations Activities. No proceeds will be used for payments to Non-Arm’s length parties of the company nor for payments to persons conducting Investor Relations Activities.
Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America, tracing old placer gold workings back to a bedrock source. The company's flagship project is the Saint-Simon-les-Mines gold project.
Patrick Levasseur, President and CEO Tel: (514) 262-9239
Source: Beauce Gold Fields