---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-029009"
form_type: "8-K"
ticker: "USAU"
cik: "0000027093"
company_name: "U.S. GOLD CORP."
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:21:57.906624+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001493152-25-029009
- form_type: 8-K
- ticker: USAU
- cik: 0000027093
- company_name: U.S. GOLD CORP.
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27093/000149315225029009/0001493152-25-029009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27093/000149315225029009/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-029009
- JSON: https://secwatch.observer/filing/0001493152-25-029009.json
- Plain text: https://secwatch.observer/filing/0001493152-25-029009.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/27093/000149315225029009/0001493152-25-029009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.