{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-109664","form_type":"8-K","ticker":"DC","cik":"0001852353","company_name":"Dakota Gold Corp.","filed_at":"2023-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.061297+00:00","generated_at":"2026-06-09T22:48:42.798557+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Dakota Gold raises $17M from Orion Mine Finance; secures up to $300M future financing support","bullets":["Orion to purchase 6,666,667 shares at $2.55/share for gross proceeds of $17M; closing expected ~Oct 20, 2023.","Post-closing Orion will own ~7.78% of Dakota Gold's outstanding common stock.","Orion provides non-binding commitment for up to $300M financing for asset construction/development or acquisitions.","Orion granted right to match future financings, excluding certain small offerings (up to $200M equity, $50M convertible debt).","Dakota Gold sells Orion a 1% NSR royalty on public land for $1M ($75K at close, $925K on milestones)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-109664","json":"https://secwatch.observer/filing/0001104659-23-109664.json","markdown":"https://secwatch.observer/filing/0001104659-23-109664.md","text":"https://secwatch.observer/filing/0001104659-23-109664.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852353/000110465923109664/0001104659-23-109664-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852353/000110465923109664/tm2328454d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T22:48:42.798557+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cb89c1b398efb2d9f5f8ab6a51ccb393a091eeec","claim":"Dakota Gold Corp. entered into Subscription Agreement with OMF Fund IV SPV C LLC valued at 6,666,667 shares of common stock at $2.55 per share for gross proceeds of $17 million (effective 2023-10-11).","evidence_excerpt":"On October 11, 2023, Dakota Gold Corp. (the “Company”) entered into a subscription agreement (the “Subscription Agreement”) with OMF Fund IV SPV C LLC (“Orion”) pursuant to which the Company agreed to issue and sell to Orion, in a registered direct offering, 6,666,667 shares of common stock at an offering price per share of $2.55 for gross proceeds of $17 million (the “Offering”) pursuant to the Company’s effective shelf registration statement on Form S-3 (333-266155) filed with the Securities and Exchange Commission and declared effective on July 27, 2022, and a prospectus supplement thereto dated October 11, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852353/000110465923109664/0001104659-23-109664-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"OMF Fund IV SPV C LLC"},{"label":"Value","value":"6,666,667 shares of common stock at $2.55 per share for gross proceeds of $17 million"},{"label":"Effective","value":"2023-10-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}