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Exploits Discovery Secures Up to $1.95 Million in Flow-Through Financings to Advance Quebec and Ontario Gold Projects

Story Highlights
  • Exploits Discovery will raise up to $1.45 million via a Quebec charity flow-through placement led by provincial funds.
  • An additional $500,000 flow-through financing will support exploration on the company’s Quebec and Ontario gold properties, including Fenton drilling.
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Exploits Discovery Secures Up to $1.95 Million in Flow-Through Financings to Advance Quebec and Ontario Gold Projects

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The latest announcement is out from Exploits Discovery ( (TSE:NFLD) ).

Exploits Discovery Corp. has arranged a non-brokered, structured Quebec charity flow-through private placement of up to $1.45 million, led by provincial investment vehicles SIDEX L.P. and NQ Investissement minier, alongside a separate non-brokered flow-through financing of up to $500,000. Priced at $0.087 and $0.075 per share respectively, the flow-through placements are expected to close on or about December 24, 2025, subject to regulatory approval, and will fund Canadian exploration expenditures, primarily advancing Exploits’ Quebec gold portfolio, including its winter diamond drill program at Fenton, and additional work across its Quebec and Ontario properties, underscoring institutional support for its exploration strategy and strengthening its capital position for near-term field activities.

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 mineral exploration company focused on gold projects in Canada, with a particular emphasis on advancing its Quebec and Ontario exploration portfolios, including the Fenton project in Quebec. The company targets early-stage and development-stage gold assets, positioning itself within the junior mining and exploration segment of the resource industry.

Average Trading Volume: 323,277

Technical Sentiment Signal: Buy

Current Market Cap: C$12.02M

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

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