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P2 Gold Announces Non-Brokered Private Placement Financing of Up to $6 Million
ByAinvest
Wednesday, Sep 3, 2025 7:46 pm ET1min read
P2 Gold Inc. plans to raise up to $6 million through a non-brokered private placement of up to 30 million units at $0.20 per unit. The funds will be used for exploration and development at the Gabbs Project in Nevada and general corporate purposes. The Offering is conditional upon regulatory approvals and the proceeds will be used to fund expenditures and for general corporate purposes.
Title: P2 Gold Inc. Plans to Raise Up to $6 Million via Non-Brokered Private PlacementP2 Gold Inc. has announced plans to raise up to $6 million through a non-brokered private placement of up to 30 million units at $0.20 per unit. The funds will be used for exploration and development at the Gabbs Project in Nevada, as well as for general corporate purposes. The offering is conditional upon regulatory approvals.
The Gabbs Project, located on the Walker-Lane Trend in Nevada, has been the focus of P2 Gold's exploration efforts. The project has shown promising results, with a positive preliminary economic assessment outlining a long-life, mid-size mine with annual average production of 104,000 ounces gold and 13,500 tonnes copper over a 14.2-year mine life. The project has excellent infrastructure with access via paved Hwy 361 and on-site power and water.
The company has retained witan nook Communications to provide social media management services and Departures Capital Inc. to conduct an electronic advertising and marketing campaign. The funds raised through this private placement will support the company's ongoing exploration and development activities at the Gabbs Project and other general corporate purposes.
The private placement is subject to regulatory approvals, and the proceeds will be used to fund expenditures and for general corporate purposes. The company has a strong focus on advancing its gold-copper project and is committed to providing regular updates on its progress.
For further information, investors can contact P2 Gold Inc. at the following details: 19 Dartmoor Crescent, Bedford, Nova Scotia, (902) 499-6030, Email: witannook@gmail.com.
References
[1] https://finance.yahoo.com/news/p2-gold-announces-increased-gold-124700493.html
[2] https://www.tradingview.com/news/reuters.com,2025-09-03:newsml_NFC21vWcH:0-canter-resources-announces-fully-subscribed-1-050-000-non-brokered-private-placement/
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