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Roxmore Resources raised C$30 million to advance its Nevada gold project, with a PEA expected in Q2 2026.
Roxmore Resources Inc. has launched a C$30 million non-brokered private placement, selling 12.5 million shares at C$2.40 each, to advance its Converse Gold Project in Nevada.
The financing, which includes three major cornerstone investors, will fund an accelerated Preliminary Economic Assessment and upcoming Pre-feasibility Study, including extensive drilling and metallurgical testing.
The PEA is expected in Q2 2026, with the PFS to follow.
The deal, pending regulatory approval, is set to close around February 27, 2026, and shares are subject to a four-month hold period.
The project holds 5.57 million ounces of gold in measured and indicated resources.
Roxmore Resources recaudó C $ 30 millones para avanzar en su proyecto de oro de Nevada, con una PEA esperada en el segundo trimestre de 2026.