Each one in plain English, with the numbers worked through for a shareholder.
23 Dec 2025capital raising announcement▲ GoodMajor
Raised roughly $31.2 million in a non-brokered private placement of 1,922,159 shares at $16.25 -- by far its largest and highest-priced raise, at nearly 5x the April 2024 share price, funding the run-up to the CK Gold Project feasibility study.
What it means for a shareholder
1.9m new shares at US$16.25 to raise about US$31.2m. That's 12% dilution: every existing holder's slice gets 12% smaller. If you held US$1,000 of shares (62 at the issue price), your slice goes from 0.000428% to 0.000377% of the company. To keep it you'd need 8 more shares - about US$130 at the issue price.
Raised about $4.9 million in a registered direct offering of 1,400,000 shares at $3.50, plus warrants at $4.48.
What it means for a shareholder
1.4m new shares at US$3.50 to raise about US$4.9m. That's 13% dilution: every existing holder's slice gets 13% smaller. If you held US$1,000 of shares (286 at the issue price), your slice goes from 0.00306% to 0.00266% of the company. To keep it you'd need 43 more shares - about US$151 at the issue price.
28 Jan 2021capital raising announcement▲ GoodMajor
Raised about $9.6 million in a registered direct offering of 914,136 shares at $10.54 -- roughly double the per-share price of the March 2020 raise, as gold prices and project progress lifted the stock.
What it means for a shareholder
914,136 new shares at US$10.54 to raise about US$9.6m. That's 14% dilution: every existing holder's slice gets 14% smaller. If you held US$1,000 of shares (95 at the issue price), your slice goes from 0.00165% to 0.00142% of the company. To keep it you'd need 15 more shares - about US$158 at the issue price.
Acquired 2637262 Ontario Inc. ('NumberCo'), a private Ontario company, issuing 2,000,000 shares to its shareholders in a share exchange; the cached filing itself discloses no detail about NumberCo's underlying business or assets.
20 June 2019capital raising announcement▲ GoodMajor
Raised $2.5 million selling 1,250 units of newly created 0% Series F Preferred Stock (with attached Class X Warrants) at $2,000 stated value each -- by now trading as USAU on the Nasdaq Capital Market.
10 July 2017capital raising announcement▲ GoodMajor
As the newly renamed U.S. Gold Corp., raised $500,000 in a private placement of 179,211 shares at $2.79.
What it means for a shareholder
179,211 new shares at US$2.79 to raise about US$500,000. That's 2.5% dilution: every existing holder's slice gets 2.5% smaller. If you held US$1,000 of shares (358 at the issue price), your slice goes from 0.00517% to 0.00504% of the company. To keep it you'd need 9 more shares - about US$25 at the issue price.
As its own reverse merger with U.S. Gold Corp. approached closing, lent U.S. Gold Corp. $250,000 via a convertible promissory note (9% interest, 6-month term) -- bridge financing to its own merger partner ahead of the deal completing.
21 Jan 2016capital raising announcement● NeutralMajor
Exchanged existing Series A Preferred Stock, Series A Warrants, Bridge Notes and Bridge Warrants for a newly created 0% Series B Convertible Preferred Stock -- simplifying the capital structure ahead of the pending U.S. Gold Corp. reverse merger, with exchanging holders barred from further capital-raising activity.
18 Nov 2014capital raising announcement▲ GoodMajor
Closed a roughly $2.7 million private placement of Series A Preferred Stock and warrants (at $5.00/share) under the October 2014 purchase agreement with Isaac Capital Group -- enough to bring the company back into compliance with Nasdaq's $2.5 million stockholders'-equity requirement.
18 July 2014capital raising announcement▼ BadMajor
Raised $750,000 through Subordinated Secured Convertible Bridge Notes and warrants, with $600,000 from institutional investors and $150,000 from the company's own management, officers and directors -- a distress-signaling bridge loan partly funded by insiders.
