Freedom Gold extends financing deadline, plans unit offering

Freedom Gold Corp. (CSE:FRDM) has extended the deadline for its flow-through private placement to October 30, 2026, in an effort to raise up to C$800,000 through the sale of 4,444,444 flow-through common shares at C$0.18 per share. Additionally, the company plans to offer up to 1,666,666 units at $0.12 per unit, consisting of one common share and one warrant exercisable at $0.18 per share for 24 months from issuance.

The unit offering proceeds will be used for general working capital purposes, while the debt settlement will involve the issuance of 213,790 common shares to settle C$25,654.89 of debt owed to current and former directors. Both offerings and the debt settlement are subject to regulatory approvals, including acceptance by the Canadian Securities Exchange, and are anticipated to close on or about October 30, 2026.

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