Thesis Gold Announces $7.0 Million Private Placement

Core Viewpoint - Thesis Gold Inc. has announced a private placement offering of up to approximately C$7.0 million to fund its strategic objectives and mineral projects [1][2]. Group 1: Offering Details - The offering will consist of up to 11,666,667 common shares priced at$0.60 per share, aiming for gross proceeds of approximately C$7.0 million [2]. - The offering will be conducted on a "best efforts" basis and is targeted at accredited investors, subject to regulatory approvals [2][3]. - The offering is scheduled to close on or before December 17, 2024, and is subject to certain conditions [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to advance the company's mineral projects and for general working capital purposes [4]. Group 3: Company Overview - Thesis Gold Inc. focuses on the Lawyers-Ranch Project in British Columbia, which has shown promising project economics with a 35.2$1.28 billion [6]. - The company plans to advance the project through critical milestones, including a Pre-Feasibility Study (PFS) and environmental assessments [6].