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Beauce Gold Fields Inc
Symbol BGF
Shares Issued 109,551,971
Close 2025-09-17 C$ 0.04
Market Cap C$ 4,382,079
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Beauce Gold Fields arranges $800,000 private placement

2025-09-17 18:15 ET - News Release

Mr. Patrick Levasseur reports

BEAUCE GOLD FIELDS: NON-BROKERED PRIVATE PLACEMENT OFFERING

Beauce Gold Fields Inc. is offering a non-brokered private placement to existing shareholders as well as to accredited investors.

Patrick Levasseur, president and chief executive officer of Beauce Gold Fields, states: "This offering provides investors with an opportunity to participate in the recent discovery of a gold-bearing Saddle Reef structure, identified as the source of the historic placer gold deposits and showing strong potential for further lode gold discoveries." Mr. Levasseur further stated, "It also offers the chance to participate in the recently updated exploration target for the entire historical placer gold channel, which has now doubled from previous estimates."

Private placement offer for existing shareholders and accredited investors

Beauce Gold is offering a non-broker private placement of a minimum of two million units and a maximum of 20 million units of the company at four cents per unit for a minimum gross proceed of $80,000 and a maximum gross proceed of $800,000, subject to the receipt of all applicable regulatory approvals. Each unit comprises one common share and one common share purchase warrant of the company. Each warrant will allow to the holder thereof to purchase one common share of the company's share capital at an exercise price of 10 cents for a period of 24 months following the closing date of the placement. Each share issued under the placement will have a mandatory holding period of four months and one day from the closing date of the placement.

The offer is open to the following groups of investors in accordance with applicable laws:

  • Accredited investors regulation 45-106;
  • Existing shareholders distribution regulation 45-513.

Investors interested in participating in the private placement should contact Patrick Levasseur, president and CEO of Beauce Gold Fields, at 514-262-9239 or via e-mail at patrick.levasseur@beaucegold.com.

Additional information for existing shareholders

The placement will be open for participation by existing shareholders of Beauce Gold Fields as of the record closing date of Sept. 16, 2025, who wish to participate in the placement based on the existing shareholder exemption offered under Canadian securities laws. The total acquisition cost for an existing shareholder under the existing shareholder exemption cannot exceed $15,000 during the 12 months preceding the placement's closing date, unless that existing shareholder has received advice from a registered investment dealer within the shareholder's jurisdiction. The minimum subscription amount for existing shareholders taking advantage of the existing shareholder exemption is $5,000.

If subscriptions received from existing shareholders exceed the proposed maximum of 20 million units, the shares so subscribed will be distributed on a pro rata basis among all subscribing shareholders benefiting from the existing shareholder exemption, proportional to the number of shares each subscriber has applied for in the offer. If the subscriptions received from existing shareholders are less than the maximum of 20 million available units, the balance will be offered to accredited investors.

The company will use the minimum proceeds as well as the maximum proceeds from the private placement for general working capital and for exploration of its gold and phosphate properties. The placement may be closed no later than Oct. 10, 2025, in one or more tranches upon receipt of subscriptions. In connection with the offering, the company may pay finders' fees, as permitted by the policies of the exchange.

No more than 10 per cent of the proceeds of the placement can be used for investor relations activities. None amount of the proceeds of the placement is for payments to non-arm's-length parties of the company nor for payments to persons conducting investor relations activities.

About Beauce Gold Fields Inc.

Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America. The company's objective is the trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits. The company's flagship property is the Saint-Simon-les-Mines gold project, site of Canada's first gold rush that predates the Yukon Klondike. The Beauce region hosted some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s. It produced some of the largest gold nuggets in Canadian mining history (50-plus ounces).

Beauce Gold Fields is currently drilling recently discovered antiform systems that is believed to have contributed to the development of extensive auriferous placer deposits in Beauce. The company's geological model suggests that placer gold within the Beauce gold paleochannel, including the renowned large nuggets from the 19th century, formed in stressed quartz pockets within layered domed Axis of Antiforms, exemplified by Saddle Reef formations. Notable global Saddle Reef formations include the Bendigo gold fields in Australia (over 60 million ounces) and the high-grade Dufferin deposit in Nova Scotia.

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