American Pacific Mining Launches $7.5 Million Non-Brokered Financing for Madison Project

American Pacific Mining ( (TSE:USGD) ) has provided an announcement.

American Pacific Mining Corp. has launched a non-brokered private placement of up to 34,090,909 units at $0.22 per unit to raise as much as $7.5 million, with each unit comprising one common share and one-half warrant exercisable at $0.32 for three years. The financing, conducted partly under Canada’s listed issuer financing exemption so that certain securities will be freely tradable, will fund exploration and development work at the company’s Madison Copper-Gold Project and other mineral properties as well as general corporate purposes, underscoring its efforts to advance key assets while navigating customary regulatory approvals and leveraging finders such as Eventus Capital Corp. to complete the raise.

The most recent analyst rating on (TSE:USGD) stock is a Hold with a C$0.29 price target. To see the full list of analyst forecasts on American Pacific Mining stock, see the TSE:USGD Stock Forecast page.

Spark’s Take on TSE:USGD Stock

According to Spark, TipRanks’ AI Analyst, TSE:USGD is a Neutral.

The score is held down primarily by weak financial performance (no revenue, ongoing cash burn, and low earnings quality despite recent net income) and an expensive valuation (high P/E with no dividend support). Technicals are a partial offset due to a clear uptrend, but overbought signals increase near-term downside risk.

To see Spark’s full report on TSE:USGD stock, click here.

More about American Pacific Mining

American Pacific Mining Corp. is a precious and base metals exploration company focused on opportunities in the western United States. Its flagship asset is the 100%-owned, past-producing Madison Copper-Gold Project in Montana, for which the company was twice named a finalist for ‘Deal of the Year’ at the S&P Global Platts Metals Awards. Through a 2025 transaction with Vizsla Copper, American Pacific has also built a significant equity position that supports its broader exploration and development strategy.

YTD Price Performance: 55.56%

Average Trading Volume: 402,717

Technical Sentiment Signal: Buy

Current Market Cap: C$61.34M

For an in-depth examination of USGD stock, go to TipRanks’ Overview page.