Toronto, Ontario — February 11, 2026 — Leads & Copy — Big Gold Inc. has announced the closing of its non-brokered private placement, which was upsized due to strong investor demand.
The offering was a Listed Issuer Financing Exemption (LIFE) offering. Big Gold issued 13,750,000 non-flow-through Hard units (HD Units) for gross proceeds of $550,000 at a price of $0.04 per HD Unit, and 2,222,222 flow-through units (FT Units) for gross proceeds of $100,000 at a price of $0.045 per FT Unit.
Each HD Unit is comprised of one common share in the capital of the Company and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one Common Share of the Company for a period of 36 months from the date of issuance at an exercise price of $0.075 per Share.
Each FT Unit will be comprised of one common share in the capital of the Company and one-half of one common share purchase warrant. Each full warrant will entitle the holder thereof to purchase one Common Share of the Company for a period of 36 months from the date of issuance at an exercise price of $0.075 per Share.
Each FT Share will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada).
The entire gross proceeds from the FT Shares will be used for Canadian Exploration Expenses as defined in paragraph (f) of the definition of “Canadian exploration expense” in subsection 66.1(6) of the Tax Act, and “flow through mining expenditures” as defined in subsection 127(9) of the Tax Act that will qualify as “flow-through mining expenditures”, and “Ontario flow-through mining expenditures” as defined in subsection 103(4) of the Income Tax Act (Ontario), which will be incurred on or before December 31, 2027 and renounced with an effective date no later than December 31, 2026 to the initial purchasers of FT Shares.
The company paid finders’ fees comprised of $47,200 and 807,777 non-transferable warrants in connection with both Offerings, subject to compliance with the policies of the CSE. Each warrant has an exercise price of $0.075 per share for a period of three years from the date of issuance.
Big Gold also announced that Alex Pekurar will be taking over for Jennifer McGuinty as Chief Financial Officer.
Mr. Pekurar has over 13 years of private and public company leadership experience as a Chief Financial Officer, Treasurer and Director. He is a Chartered Professional Accountant and holds a master’s degree in management and professional accounting from the Rotman School of Management at the University of Toronto.
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (NI 45-106), the Offering is being made to purchasers residing in each of the Provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Exemption”). The securities offered under the Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.biggold.ca. Prospective investors should read this Offering Document before making an investment decision.
The LIFE securities issued pursuant to the offering will not be subject to any statutory hold period in accordance with applicable Canadian securities laws.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the 1933 Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.
Big Gold Inc. is a junior mining exploration company focused on exploration programs on the Martin Kenty and Tabor projects located in Ontario. Big Gold will also consider other opportunities as they arise, with the objective of acquiring and exploring early-stage base and precious metal projects.
For more information, please contact investor relations at investors@biggold.ca.
Scott Walters, President and CEO, released this information on behalf of the Board of Directors.
Source: Big Gold Inc.
