Rush Gold Corp. Closes First Tranche of Private Placement, Raising $612,000
Rush Gold Corp. announced the closing of the first tranche of its non-brokered private placement, issuing shares at $0.10 each to raise CAD$612,000 in gross proceeds.
Vancouver, BC – April 17, 2026 – Rush Gold Corp. announced today the successful closing of the first tranche of its previously announced non-brokered private placement. The company issued 6,120,000 common shares at a price of $0.10 per share, generating gross proceeds of CAD$612,000.
The company stated that the proceeds from this offering are intended for general working capital purposes. Rush Gold Corp. indicated that further tranches of the private placement may be closed in the coming weeks. No finders' fees were paid in connection with this initial tranche.
All securities issued in this tranche are subject to approval by the Canadian Securities Exchange (CSE) and will be subject to a statutory hold period of four months and one day, expiring on August 18, 2026. This placement is part of the company's ongoing efforts to secure funding for its operations.
Rush Gold Corp. is a Canadian mineral exploration company focused on its Skylight gold property in Nye County, Nevada, USA. The company also holds an option on the Legal Tender property, a historic silver-gold project.