GoGold Resources Inc., a Canadian silver and gold producer focused on projects in Mexico, announced on April 1, 2025, the filing of its final short form prospectus for a public offering of 41,210,000 common shares at C$1.82 per share, targeting gross proceeds of C$75,002,200. The offering was conducted through a syndicate of underwriters led by BMO Nesbitt Burns Inc. and Stifel Nicolaus Canada Inc., acting as joint bookrunners, together with SCP Resource Finance LP, Ventum Financial Corp., and Desjardins Securities Inc. The underwriters’ fee was set at 5 percent of gross proceeds, approximately C$3.75 million, with estimated expenses of C$400,000.

An over-allotment option of 6,181,500 shares was granted, which, upon full exercise, increased the total issuance to 47,391,500 shares and the gross proceeds to C$86,252,530. The offering closed on or about April 4, 2025, following conditional approval for listing on the TSX, with final approval required by June 23, 2025.

Net proceeds, estimated at about C$70.85 million before the exercise of the option, were designated primarily for advancing the Los Ricos South project (C$50.85 million), supporting exploration at Los Ricos North (C$20 million), and for general corporate purposes. Legal counsel for GoGold was Fasken Martineau DuMoulin LLP, with McMillan LLP representing the underwriters.