Sitka Gold Closes $2.055 Million Private Placement
VANCOUVER, CANADA — November 5, 2025 — Leads & Copy — Sitka Gold Corp. (TSX-V:SIG) has closed a non-brokered private placement with existing strategic investors, raising $2,055,000 through the issuance of 1,500,000 flow-through common shares at $1.37 per share. The proceeds will fund exploration expenses at the RC Gold Project in Yukon Territory.
The financing, combined with a previous $28.5 million raise, brings Sitka Gold’s treasury to over $43 million. The company plans its largest drill program at RC Gold, with up to 60,000 meters of diamond drilling anticipated in 2026.
The company also has 62 drill holes pending from RC Gold and 7 drill holes pending from the Coppermine River Project. Assay results are expected to flow following the financing.
The company will use the gross proceeds from the sale of flow-through shares to incur eligible Canadian exploration expenses related to the RC Gold Project on or before December 31, 2026. All qualifying expenditures will be renounced in favor of the subscribers effective December 31, 2025.
The offering is subject to final TSX Venture Exchange acceptance, and securities issued are subject to a hold period expiring on March 6, 2026. No finder’s fees were paid.
The company clarified that it issued 974,100 Compensation Options in connection with its previously announced $28.5 million brokered offering.
Sitka Gold Corp. is a well-funded mineral exploration company headquartered in Canada with over $43 million in its treasury and no debt. The Company is managed by a team of experienced industry professionals and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit.
Sitka is currently advancing its 100% owned, 431 square kilometre flagship RC Gold Project located within the Tombstone Gold Belt in the Yukon Territory. The Company is also advancing the Alpha Gold Project in Nevada and currently has drill permits for its Burro Creek Gold and Silver Project in Arizona and the Coppermine River Project in Nunavut, all of which are 100% owned by Sitka.
Contact:
Donald Penner, President & Director, 778-212-1950, dpenner@sitkagoldcorp.com
Cor Coe, CEO & Director, 604-817-4753, ccoe@sitkagoldcorp.com
Source: Sitka Gold Corp.
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