Independence Gold Upsizes Private Placement of Flow-Through Shares And Units to CA$6.25 Million

03:46 PM EDT, 10/22/2026 (MT Newswires) -- Independence Gold (IGO.V) on Thursday said it has increased the size of its private placement of flow-through share and share units to CA$6.25 million dollars, from CA$6 million. The company will now issue up to 39.1-million shares, comprised of flow-through shares and units, both priced at CA$0.16 each, for a combined total of CA$6.25 million. Each unit will consist of one share and one-half of a warrant to buy a share at CA$0.22 for 24 months. Proceeds from the flow-through shares will be used to advance the 3Ts Project in British Columbia. Part of the proceeds from the units will be used for general and administrative purposes. The offering is expected to close on Oct. 26. Independence Gold shares were unchanged at CA$0.13 on the TSX Venture Exchange.