Zodiac Gold Seeks Up to C$4 Million to Accelerate Drilling at Liberia’s Ben Ben Target

An update from Zodiac Gold Inc ( (TSE:ZAU) ) is now available.

Zodiac Gold Inc. has launched a non-brokered Listed Issuer Financing Exemption offering of up to C$4 million, issuing as many as 20 million units at C$0.20 each, with attached warrants exercisable at C$0.30 for 36 months. The proceeds will fund a diamond drilling program at the Ben Ben target within Liberia’s Todi Gold Project, aimed at expanding known mineralization, testing priority targets along strike and at depth, and advancing the asset toward a defined resource, which management views as a potentially scalable discovery that could materially improve the company’s valuation. Concurrently, Zodiac is advancing an updated NI 43-101 technical report, led by West Africa-focused geologist Dr. John Arthur, to incorporate recent exploration results, establish a compliant resource at Arthington, and formalize priority targets, thereby strengthening the technical underpinnings for future growth. Insider participation, including a C$200,000 commitment from newly appointed advisory board member Brett Richards, underscores internal confidence in the exploration strategy while triggering related-party transaction rules, though the company expects to rely on standard exemptions given its TSXV listing and transaction size.

More about Zodiac Gold Inc

Zodiac Gold Inc. is a West African gold exploration company listed on the TSX Venture Exchange, focused on advancing its Todi Gold Project in Liberia. The company’s primary activities center on discovering and defining gold resources, particularly at its Arthington and Ben Ben targets, with the aim of building a scalable resource base in a region known for significant gold systems.

Average Trading Volume: 88,218

Technical Sentiment Signal: Buy

Current Market Cap: C$22.39M

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