U.S. Gold Corp. raises $31.2M in private placement of shares and warrants for CK Gold project development

U.S. GOLD CORP.

Gross proceeds of ~$31.2M from sale of 1,922,159 shares at $16.25/share and warrants for 961,077 shares at $23.00.
New institutional investors include Franklin Templeton, Mackenzie Investments, and Libra Advisors.
Warrants immediately exercisable, 2-year term, exercise price $23.00; 4.99% beneficial ownership blocker.
Net proceeds for CK Gold Project development costs, potential land acquisitions, exploration, and working capital.
Pricing at ~4% discount to Dec 15 close of $16.91; 30-day VWAP premium of 1.4%, 20-day VWAP discount of 1.1%.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

U.S. GOLD CORP. entered into Purchase Agreements with certain investors valued at $16.25 per share (effective 2025-12-23).

Action: entry
Agreement: equity purchase
Counterparty: certain investors
Value: $16.25 per share
Effective: 2025-12-23

Exact text from the filing

On December 23, 2025, U.S. Gold Corp. (the “Company”) entered into a series of securities purchase agreements (the “Purchase Agreements”) with certain investors (the “Purchasers”), for the sale and issuance in a non-brokered private placement of an aggregate of 1,922,159 shares of the Company’s common stock, par value $0.001 per share, at a purchase price of $16.25 per share.

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290 material agreements filed in the last 30 days. Browse all material agreements →

U.S. GOLD CORP. filing history →

Source: SEC EDGAR

accession 0001493152-25-029009

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