Exploits Discovery Raises $1.45 Million in Québec-Focused Flow-Through Financing

Exploits Discovery ( (TSE:NFLD) ) has issued an announcement.

Exploits Discovery Corp. has closed the charity portion of its flow-through, non-brokered private placement with Québec-focused funds SIDEX and NQ Investissement minier, raising approximately $1.45 million through the issuance of 16.7 million flow-through common shares at $0.087 each. The proceeds, which come with a standard four-month hold period, will fund eligible Canadian exploration expenses classified as flow-through mining expenditures in Québec, supporting near-term drilling at high-priority gold targets including the Fenton project and broader advancement of the company’s Québec portfolio, with qualifying expenditures to be incurred by the end of 2026 and renounced to investors in line with Canadian tax rules; the financing underscores institutional support for Exploits’ Québec strategy and provides incremental capital ahead of its winter drilling program, while the company expects to close a final tranche of its flow-through financing by December 30, 2025.

The most recent analyst rating on (TSE:NFLD) stock is a Buy with a C$0.10 price target. To see the full list of analyst forecasts on Exploits Discovery stock, see the TSE:NFLD Stock Forecast page.

More about Exploits Discovery

Exploits Discovery Corp. is a Canadian gold exploration company focused on growing resources in top-tier mining jurisdictions in Québec and Ontario, anchored by approximately 680,000 ounces of historical gold resources across its Fenton, Wilson, Benoist and Hawkins projects. The company also holds a strategic equity position and royalty exposure to New Found Gold Corp. in Newfoundland following the sale of its Newfoundland claims in 2025, and pursues a data-driven exploration strategy and strategic partnerships to unlock district-scale potential and create shareholder value through discovery and resource growth.

Average Trading Volume: 323,387

Technical Sentiment Signal: Buy

Current Market Cap: C$12.95M

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