TORONTO, ON — December 23, 2025 — Leads & Copy — Q-Gold Resources Ltd. has completed a non-brokered private placement financing of common shares issued on a “flow-through” basis, raising proceeds of $1,694,503. The company intends to use the proceeds of the FT Offering to fund exploration work on its Mine Centre gold project in Ontario, Canada.
QGold issued 4,841,437 common shares on a “flow-through basis” at a price of $0.35 per share, according to the company. The securities issued in connection with the FT Offering are subject to a statutory four-month hold period, which expires on April 24, 2026. Completion of the FT Offering is subject to receipt of final approval of the TSX Venture Exchange.
In connection with the FT Offering, QGold paid finder’s fees of $127,560.24 in cash and issued 364,456 non-transferable finder warrants to eligible finders in accordance with TSXV policies. Each Finder Warrant entitles the holder to acquire one Common Share at a price of $0.35 at any time prior to December 23, 2027.
Q-Gold Resources Ltd. is a publicly traded North American-based mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America.
The Company’s shares are listed on the TSX Venture Exchange under the symbol “QGR”, the OTCQB® Venture Market in the United States under “QGLDF”, and the Börse Frankfurt exchange under “QX9G”.
QGold is committed to progressing its portfolio of gold and silver assets toward production, with its primary focus on its flagship Quartz Mountain gold project in Oregon (USA) and the Mine Centre gold project in Ontario (Canada).
QGold focuses on mineral resource estimate expansion or establishment through systematic exploration, disciplined project development backed by rigorous technical work, and responsible environmental stewardship in mining-friendly jurisdictions with established infrastructure.
Peter Tagliamonte, P.Eng.
Chief Executive Officer
Email: pwt@qgoldresources.com
Cell: +1 (416) 564-2880
Source: Q-Gold Resources Ltd.
