Exploits Discovery Raises $690,750 in Final Tranche of Flow-Through Financing to Advance Québec-Ontario Gold Projects

Exploits Discovery ( (TSE:NFLD) ) has provided an update.

Exploits Discovery Corp. has increased and closed the final tranche of its non-brokered flow-through share private placement, raising an additional $690,750 through the issuance of 9,210,000 flow-through shares at $0.075 per share, subject to a standard hold period and final approval from the Canadian Securities Exchange. The company plans to use the proceeds to fund qualifying Canadian exploration expenditures across its Québec and Ontario gold portfolio by the end of 2026, with related tax benefits to be renounced to subscribers effective no later than the end of 2025; directors and officers participated in the financing, and eligible finders received cash fees, underscoring continued insider support and providing fresh capital to advance exploration and potentially grow its resource base in key mining jurisdictions.

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 expanding resources in top-tier mining jurisdictions in Québec and Ontario. The company is anchored by approximately 680,000 ounces of historical gold resources across its Fenton, Wilson, Benoist and Hawkins projects, and 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. Its strategy centres on unlocking district-scale potential through systematic, data-driven exploration and strategic partnerships to drive discovery and resource growth.

Average Trading Volume: 328,010

Technical Sentiment Signal: Buy

Current Market Cap: C$12.95M

See more data about NFLD stock on TipRanks’ Stock Analysis page.