VANCOUVER, BC, Sep. 16, 2025 (CNW Group via COMTEX) --
Onyx Gold Corp. ("Onyx" or the "Company") (TSXV: ONYX) (OTCQX: ONXGF) announces today that it has entered into an agreement with Cormark Securities Inc. (as sole bookrunner) and Canaccord Genuity Corp. to act as co-lead underwriters on behalf of a syndicate of underwriters (collectively, the "Underwriters") in connection with a "bought deal" private placement of: (i) 4,740,000 common shares of the Company that will each qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "FT Shares"), at a price of $2.11 per FT Share, for gross proceeds of $10,001,400, and (ii) 3,333,500 common shares of the Company (the "HD Shares") at a price of $1.50 per HD Share, for gross proceeds of $5,000,250, for aggregate gross proceeds to the Company of $15,001,650 (the "Offering").
SOURCE Onyx Gold Corp.
SOURCE: Onyx Gold Corp.
For further information, please visit the Onyx Gold Corp. website at www.onyxgold.com
or contact: Brock Colterjohn, President & CEO or Nicole Hoeller, NIKLI Communications
- nicole@onyxgold.com, Phone: 1-604-283-3341, Email: information@onyxgold.com,
Website: www.onyxgold.com, LinkedIn: https://www.linkedin.com/company/onyx-gold-corp,
Twitter: https://twitter.com/OnyxGoldCorp
COMTEX_468823192/2197/2025-09-16T18:18:00
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