Vancouver, British Columbia — (April 2, 2025) – Daura Gold Corp. (formerly Daura Capital Corp.) (TSXV:DGC) (the “ Company ” or “ Daura ”) is pleased to announce it has signed an agreement with the District Municipality of Pampas Grande, located in the Ancash Department, 28 km south of the Company’s flagship Antonella project as well as the San Luis gold project. The Company is also pleased to announce the commencement of extensive geological mapping and rock sampling activities in the Pampas 1 and 2 areas, aimed at assessing and enhancing the understanding of the mineralization and economic potential within these key exploration sites. Pampas 1 and 2 Exploration Program Daura’s Pampas 1 and 2 project consists of 1200 hectares of prospective land characterized by pyroclastic ash flow deposits and andesitic lava flows from the Calipuy Group (Cenozoic volcanic). Recognizing the potential for valuable mineral deposits, Daura is undertaking geological mapping at a scale of 1:10,000 to delineate the area's geology and evaluate its economic prospects. Rock sampling utilizing the rock chip technique will be conducted in targeted areas of interest, with subsequent analysis performed using inductively coupled plasma (ICP) methods to ensure low detection limits. This mapping and sampling program will provide crucial insights into the economic potential of the Pampas 1 and 2 concessions. The area is in a highly prospective zone where several national and international mining companies have interest, including Barrick and JX Nippon Mining & Metals. Pampas 1 and 2 are within a 6 kms radius of Barrick’s mining claims and there is a history of artisanal mining in the region. Luis Saenz, CEO of Daura, stated: “Today marks a significant milestone for our company as we have officially signed a community agreement that reflects our commitment to responsible exploration and collaboration. This partnership not only strengthens our ties with the community but also ensures that we engage transparently and respectfully with those affected by our activities. Daura remains committed to advancing its exploration initiatives and maximizes the potential of its mineral assets. These mapping and sampling endeavors at Pampas 1 and 2 are pivotal steps in the company’s strategy to enhance its resource base and deliver value to stakeholders. We have a large land package in an established region with many mid-tier and large cap mining companies including Barrick, Vale and Highlander Silver who are all currently active in the area. As we start our mapping and sampling programs, we look forward to working closely with our neighbours."
Vancouver, British Columbia — (April 2, 2025) – Daura Gold Corp. (formerly Daura Capital Corp.) (TSXV:DGC) (the “ Company ” or “ Daura ”) is pleased to announce the completion of its previously announced shares for debt transaction and the settlement of additional indebtedness for securities of the Company. Further to the Company’s news releases dated February 19, 2025 and February 21, 2025, the Company has completed its previously announced securities for debt settlement (the “February Debt Settlement”), issuing 1,124,444 units (each a “February Debt Settlement Unit”) at a price of $0.09 per February Debt Settlement Unit to settle $101,200 in indebtedness owed to an arms-length third party investor. As previously announced, each February Debt Settlement Unit consisted of one common share of the Company and one common share purchase warrant exercisable at a price of $0.115 per share for two years from the date of issuance. In addition, the Company has agreed to settle (the “April Debt Settlement”) an additional $27,033.35 in indebtedness owed to a separate arms-length third party for 200,247 units (the “April Debt Settlement Units”) at a price of $0.135 per April Debt Settlement Unit. Each April Debt Settlement Unit will consist of one common share of the Company and one common share purchase warrant exercisable at a price of $0.175 per share for two years from the date of issuance. Closing of the April Debt Settlement is subject to customary closing conditions, including the approval of the TSX Venture Exchange ("TSXV"). The securities to be issued pursuant to the February Debt Settlement and the April Debt Settlement will be subject to a hold period of four months and one day following the date of issuance, in accordance with applicable securities laws and TSXV policies.
Vancouver, British Columbia — (February 21, 2025) – Daura Gold Corp. (formerly Daura Capital Corp.) (TSXV:DGC) (the “ Company ” or “ Daura ”) is announcing a correction to its news release regarding the settlement of outstanding indebtedness for securities of the Company. The Company’s news release dated February 19, 2025 incorrectly stated the unit price and warrant exercise price for the units issued in settlement of $101,200 in outstanding indebtedness owed to an arms-length third party. Pursuant to the polices of the TSX Venture Exchange (the “TSXV”), in settlement of the indebtedness, the Company will issue an aggregate of 1,124,444 units (each a “Unit”) at a price of $0.09 per Unit. Each Unit will consist of one common share of the Company and one warrant exercisable at a price of $0.115 per share for a period of two years from the date of issuance. Closing remains subject to the approval of the TSX Venture Exchange. The securities to be issued pursuant to the Debt Settlement will be subject to a hold period of four months and one day following the date of issuance, in accordance with applicable securities laws and TSXV policies.
Vancouver, British Columbia — (February 19th, 2025) – Daura Gold Corp. (formerly Daura Capital Corp.) (TSXV:DGC) (the “ Company ” or “ Daura ”) is pleased to provide an operational update on the progress of its planned exploration efforts for its mineral properties located in the Ancash region of Peru. In addition, the Company announces that it has entered into a debt settlement agreement to settle outstanding indebtedness owed to an arms-length third party, and has engaged the services of third party investor relations providers. Operational Update During the challenging period of the Covid-19 shutdown, thanks to the unwavering support of our founding investors, the Company successfully maintained its key properties and kept open lines of communication with stakeholders within the communities. In this timeframe, Daura worked with Estrella to finalize payments on the flagship Antonella property, reinforcing the Company’s commitment to consolidating its presence within the district. Completing this acquisition came at a pivotal moment, as the district has since garnered increased attention from both junior and major mining companies. Over the past few months, the team has been diligently engaged in updating the geological models and preparing for essential fieldwork in the coming months. Daura has prioritized establishing strong relationships with various stakeholders in the community, fostering dialogue with local companies within the district. Engaging with communities affected by the Company’s projects is a crucial next step that will pave the way for exploration activities on Daura’s properties. Daura has also engaged with the various other mining companies in the district who also plan on doing extensive work in the region. Please see figure 1 for land package and other major mining companies who are operating in the region. The Company’s technical team is set to initiate a comprehensive mapping and sampling campaign across its extensive 8,100-hectare land package. The program will commence with targeted areas around the Antonella site to follow up on the previous 2,461 meter drill campaign which delivered high grade intercepts, including: CBD11007: 0.85m @ 8.73 g/t Au CBD11004B: 1.2m @ 8.69 g/t Au CBD11001: 0.20m @ 47.2 g/t Au The primary goal of the initial fieldwork is to confirm drilling targets for the forthcoming exploration campaign. This initiative will also facilitate the preparation and submission of the Company’s drilling permit application. Daura remains committed to consolidating its position in the district and exploring growth opportunities in the region. The Company is dedicated to leveraging its local presence and established relationships while being mindful of the limited capital available. As such, the Company will prioritize, optimize, and deliver results that serve the best interests of its shareholders. Luis Saenz, CEO of Daura, stated: “It is an exciting time to be in the district that hosts the well-known San Luis project, now in the hands of Highlander Silver. The entire region is of interest not only for the historical gold and silver production and prospectivity, but also indications of copper discoveries that have interested some of the majors to the area. Our small but dedicated team has worked for several years to put this package in place and maintain it, and we look forward to beginning work in earnest to create value for our shareholders. We look forward to providing news on our progress in various fronts in the coming weeks." Figure 1. below represents Daura’s land package and the surrounding major mining companies who are also active in the region.
Vancouver, British Columbia — (January 21, 2025) – Daura Gold Corp. (formerly Daura Capital Corp.) (TSXV:DGC) (the “Company” or “Daura”) is pleased to announce that it has closed its previously announced qualifying transaction involving the acquisition of Estrella Gold S.A.C. (the “Qualifying Transaction”). Subject to final acceptance by the TSX Venture Exchange (the “TSXV”), the Company will be a Tier 2 Mining issuer focused on the exploration and development of its Cochabamba Project, located in the Ancash Region of north-central Peru. In conjunction with the closing of the Qualifying Transaction, the Company: Completed a non-brokered private placement financing (the “Concurrent Financing”) for aggregate gross proceeds of $1,466,623, Settled outstanding indebtedness of the Company totaling $186,184 in a shares-for-debt transaction (the “Debt Settlement”), and Changed its name to “Daura Gold Corp.” Final acceptance by the TSXV of the Qualifying Transaction will occur upon issuance of the TSXV’s final bulletin (the “Final Bulletin”). Subject to issuance of the Final Bulletin, trading in the Company’s common shares is expected to begin on the TSXV under its new name “Daura Gold Corp.” and the trading symbol “DGC.” Trading is expected to commence under the new symbol at the opening of markets on or about January 27, 2025. Shareholders of the Company are not required to take any action with respect to the name change or exchange their existing share certificates for new ones. Qualifying Transaction Pursuant to the terms of the share exchange agreement (the “Share Exchange Agreement”) among the Company, Estrella Gold S.A.C. (“Estrella”), and its shareholders, the Company acquired all of the outstanding shares of Estrella for a total consideration of 7,000,000 common shares of Daura. Estrella owns a 100% interest in the mining concessions comprising the Cochabamba Project, located in the Ancash Region of north-central Peru. This includes the Antonella Gold Project, a 900-hectare exploration concession adjacent to the San Luis Gold Project recently acquired by Highlander Silver Corp. Additional details of the Qualifying Transaction are included in the Company’s filing statement dated December 19, 2024 (the “Filing Statement”), which is available under Daura’s profile on SEDAR+ at www.sedarplus.ca . Concurrent Financing and Debt Settlement Concurrent with the Qualifying Transaction, the Company completed a non-brokered private placement of 24,443,732 units (each a “Unit”) at a price of $0.06 per Unit, for total gross proceeds of $1,466,621. Each Unit consisted of one common share and one share purchase warrant (each a “Warrant”). Each Warrant is exercisable for one additional common share at $0.10 per share for two years from the issuance date. Proceeds from the financing will fund exploration of the Cochabamba Project, transaction expenses, and general working capital. The Company also settled $186,184 of outstanding debt through the issuance of 3,103,066 common shares at $0.06 per share. Of this amount, $123,184 was owed to directors and officers of the Company. No Warrants were issued as part of the Debt Settlement. These transactions qualify as “related party transactions” under TSXV Policy 5.9 and MI 61-101. The Company relied on exemptions for formal valuation and minority approval requirements as the fair market value of the transaction did not exceed 25% of Daura’s market capitalization. Securities issued in the Concurrent Financing and Debt Settlement are subject to a four-month hold period. The Concurrent Financing was not registered under the United States Securities Act of 1933, and securities may not be sold in the U.S. unless registered or an exemption applies.
Vancouver, British Columbia — (December 23, 2024) – Daura Capital Corp. (TSXV:DUR.P) (the “Company” or “Daura”), a capital pool company, announced that it has received conditional acceptance from the TSX Venture Exchange (the “TSXV”) for the closing of its proposed acquisition of Estrella Gold S.A.C. (“Estrella”), which transaction is intended to constitute Daura’s Qualifying Transaction (within the meaning of Policy 2.4 – Capital Pool Companies of the TSXV). Daura has filed a filing statement dated effective December 19, 2024 (the “Filing Statement”), including a 43-101 Technical Report on Estrella’s Cochabamba Project with the TSXV and under Daura’s profile on SEDAR+ at www.sedarplus.ca, which describes the Qualifying Transaction. In addition, Daura announced that it has increased the minimum amount of its previously announced concurrent financing (the “Concurrent Financing”) to be completed in connection with its proposed qualifying transaction (the "Qualifying Transaction") to acquire Estrella Gold S.A.C. (“Estrella”). Daura is also providing updated financial information for Estrella. As previously announced, Daura has entered into a definitive agreement to acquire all of the outstanding shares of Estrella from its shareholders (the "Estrella Shareholders") in consideration for 7,000,000 common shares of Daura. For additional information regarding the Qualifying Transaction, please refer to Daura’s news releases dated July 16, 2024, and July 23, 2024. Increase in Minimum Amount of Concurrent Financing The Company has increased the minimum amount of the Concurrent Financing in order to increase the funds available to the Company upon completion of the Qualifying Transaction. Under the Concurrent Financing, the Company intends to issue a minimum of 20,333,334 units (each a “Unit”) and a maximum of up to 25,000,000 Units at a price of $0.06 per Unit for gross proceeds of between $1,250,000 and $1,500,000. Each Unit will consist of one Daura Share and one (full) share purchase warrant (each a “Warrant”), with each whole Warrant entitling the holder to purchase one additional Daura Share at a price of $0.10 per share for a period of two years from the date of issuance. Net proceeds from the Concurrent Financing will be used to fund exploration of the Estrella project portfolio, expenses related to the Qualifying Transaction, and for general working capital purposes. Subject to the approval of the TSXV, Daura may pay eligible finders a fee equal to 7% of the Concurrent Financing in cash, and 7% in share purchase warrants under the QT Financing. All securities issued under the Concurrent Financing will be subject to hold periods expiring four months and one day after the date of issuance. Additional restrictions may apply under the rules of the TSXV and applicable securities laws. This news release does not constitute an offer to sell, or solicitation of an offer to buy, nor will there be any sale of any of the securities offered in any jurisdiction where such offer, solicitation, or sale would be unlawful, including the United States of America. The securities being offered as part of the Concurrent Financing have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and any applicable state securities laws, or pursuant to available exemptions therefrom. Closing of the Concurrent Financing remains subject to final acceptance by the TSXV. Updated Financial Information for Estrella In addition to the information previously provided in the Company’s news release of July 23, 2024, the Company is providing updated financial information regarding the financial condition and results of operation for Estrella. The following is derived from Estrella’s financial statements for the years ended December 31, 2023 (audited) and 2022 (unaudited) and the interim periods ended September 30, 2024. The following information should be read in conjunction with Estrella’s audited and unaudited financial statements for the periods presented, which financial statements will be included in the filing statement to be filed by Daura on SEDAR in connection with the Qualifying Transaction.
