Newcore Gold Announces $12 Million Brokered Private Placement Financing

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc., as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (collectively, the "Agents"), in connection with a commercially reasonable efforts private placement offering by the Company of up to 32,877,000 units of the Company (the "Units") issued at a price of $0.365 per Unit for aggregate gross proceeds of up to $12,000,105 (the "Offering").

Read more at globenewswire.com