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Lode Gold raises $7M via unit offering to fund Fremont Gold Mine development and studies.

Company Fundamentals
13 Jul 2026
Newsfile Corp
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Bullish
pluang ai news

Lode Gold Resources announced a $7 million non-brokered financing by issuing units at $0.27 each, with Coast Capital LLC participating to maintain and increase its stake to nearly 20%. Each unit includes one share and one warrant exercisable at $0.45 for three years. Funds will advance technical work at the Fremont Gold Mine in California, including drilling, feasibility studies, and environmental planning, aiming to develop an initial mine plan and support permitting. This financing strengthens Lode Gold's balance sheet and supports ongoing exploration and development efforts.

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