Vancouver, British Columbia — February 10, 2026 — Leads & Copy —
Sego Resources Inc. (TSXV: SGZ) has increased its non-brokered private placement from $800,000 to $955,600 due to strong investor demand. The private placement was initially announced on February 5, 2026.
The funds will be used for exploration and general working capital at its Miner Mountain copper-gold project near Princeton, BC, subject to regulatory approval.
The Miner Mountain project features Alkalic Porphyry Copper-Gold mineralization, near-surface disseminated gold mineralization, and the December 2025-discovered porphyry copper mineralization at the Billy Zone, which lies adjacent to the existing South Gold Zone. A second deeper copper-gold porphyry has been indicated at depth, 1200 metres northeast at the Cuba Zone. (See News Releases December 19, 2025, February 2, 2026, and February 5, 2026).
The offering will consist of 15,926,665 units at $0.06 per unit for gross proceeds of $955,600. Each unit includes one common share and one common share purchase warrant. Each warrant allows the holder to purchase an additional common share at $0.10 for three years from the closing of the private placement.
The warrants contain an acceleration clause that takes effect four months and one day after the units are issued. If, after this date, the closing trading price of the Common Shares on the TSX Venture Exchange exceeds Canadian $0.18 per Common Share for ten consecutive business days, the Company may give notice. In such case, the Expiry Time will be 5:00 p.m. (Vancouver time) on the 30th day after the notice is given.
No Finder’s Fees will be paid on the placement. Insiders will participate in the private placement.
The offering is subject to formal documentation, regulatory approvals (including the TSX Venture Exchange), and other customary conditions. All securities sold are subject to a four-month-and-one-day hold period from the closing date.
The Company plans to use British Columbia Instrument 45-536, allowing private placements to non-accredited investors if they obtain suitability advice from a registered investment dealer. Completion of the private placement is subject to TSX Venture Exchange approval.
There is no minimum offering size, and the maximum number of units to be issued is 15,926,665 for gross proceeds of $955,600. The Company expects to spend the funds as stated but may re-allocate funds if necessary for sound business reasons.
None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended.
There is no material change about the issuer that has not been generally disclosed.
Sego is the 100% owner of the Miner Mountain Project, a copper-gold porphyry and gold exploration project near Princeton, British Columbia. The property covers 2,056 hectares and is 15 km north of the Copper Mountain Mine, operated by Hudbay Minerals Inc. Sego has a Memorandum of Understanding with the Upper Similkameen Indian Band, on whose Traditional Territory the Miner Mountain Project is situated. Sego has received an Award of Excellence for its reclamation work on the Miner Mountain Project.
Source: Sego Resources Inc.
