Sitka gold closes $11.8 million financing

Vancouver, british columbia--(newsfile corp. - april 16, 2025) - sitka gold corp. (tsxv: sig) ("sitka" or the "company") is pleased to announce it has closed its previously announced "bought deal" brokered private placement and a non-brokered private placement for aggregate gross proceeds of $11,862,243. the brokered offering was led by beacon securities limited on behalf of a syndicate of underwriters including agentis capital markets limited partnership, paradigm capital inc. and cormark securities inc. (collectively, the "underwriters"), consisting of 14,705,882 common shares that will qualify as "flow-through shares" within the meaning of the income tax act (canada) (the "ft shares") of the company at a price of $0.68 per ft share for gross proceeds of $10,000,000.
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