October 9, 2025 – Vancouver, British Columbia – Daura Gold Corp. (TSXV:DGC) (the “Company” or “Daura”) is pleased to announce it has closed its upsized and oversubscribed private placement of 28,000,000 units of the Company (the “Units”) at a price of $0.25 per Unit for gross proceeds of $7,000,000 (the “Offering”).
Each Unit consists of one common share of the Company and one-half-of-one share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.375 until October 9, 2027.
The Company expects to utilize the proceeds of the Offering for advancement of its exploration land package in the Ancash Department of Peru, including the Company’s flagship Antonella project and the Yanamina Project 40km, north of Antonella, and for general working capital purposes.
“We’re very pleased to have completed this upsized, oversubscribed $7 million private placement,” stated Mark Sumner, President of Daura. “Investor participation exceeded expectations and we’re very grateful for the market’s confidence in Daura’s vision and project pipeline. With this financing now complete, we’re moving forward with our exploration and community initiatives across our projects.”
In connection with completion of the Offering, the Company paid finders’ fees of $218,277.50, and issued 1,782,970 finders’ warrants and 909,860 finders’ units to eligible third-parties who introduced subscribers to the Offering. The finders’ warrants are exercisable on the same terms as the Warrants, and the finders’ units consist of the same securities as the Units. All securities issued in connection with the Offering are subject to restrictions on resale until February 10, 2026 in accordance with applicable securities laws.
About Daura Gold Corp.
Listed on the TSX Venture Exchange, Daura is advancing high-impact exploration projects in Peru’s renowned Ancash region. Daura owns a 100% undivided interest in over 15,900 hectares of exploration concessions in Ancash, including the 900-hectare Antonella target and adjacent 2,900 Libelulas concessions, which is the primary focus of Daura’s current exploration efforts.
For further information please contact:
Daura Gold Corp.
543 Granville, Suite 501
Vancouver BC V6C 1X8
William T.P. Tsang CFO and Secretary
(604) 669-0660
Cautionary Statement Regarding Forward Looking Information:
Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Daura cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Daura's control. Such factors include, among other things: future prices and the supply of gold and other precious and other metals; future demand for gold and other valuable metals; inability to raise the money necessary to incur the expenditures required to retain and advance the property; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; risks of the mineral exploration industry; delays in obtaining governmental approvals; adverse weather conditions and failure to obtain necessary regulatory or shareholder approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Daura disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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