Gold Resource announces $11.4M registered direct offering

Gold Resource (GORO) Corporation announced that it is pursuing a registered direct offering with certain investors for the purchase and sale of up to 25.315M shares of the company’s common stock at a price of 45c per share, resulting in estimated total gross proceeds of approximately $11.4M in cash. The company intends to use approximately $6.4M of the net proceeds of the offering to prepay in full the principal amount of the loan under that certain loan agreement, dated as of June 26, 2025, by and among the company, Don David Gold Mexico S.A. de C.V., the company’s wholly owned Mexican subsidiary, and Francisco Javier Reyes de la Campa and Jaluca Limited as the lenders. The closing of the offering is expected to take place on or about September 5, subject to the satisfaction of customary closing conditions.