Jun. 17 at 8:58 PM
Posted on behalf of Zodiac Gold Inc. -
$ZAUIF upsized its raise a second time, now up to C
$5.6M, from C
$4,025,000 announced June 4, 2026 and a prior bump to C
$5,000,000 on June 9, 2026. Units at C
$0.35, expected to close on or about June 19, 2026, citing continuing investor demand.
The point worth flagging: this is a fully funded path into a planned Q4 2026 maiden MRE. Proceeds expand drilling at the Todi Gold Project in Liberia, 2,316 sq km of licenses spanning the 16 km Monterra Trend, with 3,600 m of trenching and up to 14,000 m of diamond drilling planned for 2026.
Near-surface grade is already in hand at Ben Ben: BDD005 hit 14.85 m at 1.55 g/t gold (May 13, 2026 NR). A stronger treasury means the rigs keep turning into that catalyst rather than pausing to refinance.
Full details: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3316-tsx-venture/zau/205670-zodiac-gold-further-increases-non-brokered-private-placement-up-to-c-5-6-million.html