Each one in plain English, with the numbers worked through for a shareholder.
23 Dec 2025capital raising announcement▲ GoodMajor
U.S. Gold Corp. raised about $31.2 million in a non-brokered private placement of 1,922,159 shares at $16.25, with warrants over 961,077 shares at $23.00. Proceeds were earmarked for initial CK Gold development costs, possible land acquisitions, exploration and working capital.
What it means for a shareholder
1.9m new shares at US$16.25 to raise about US$31.2m. That's 12% dilution: every existing holder's slice gets 12% smaller. If you held US$1,000 of shares (62 at the issue price), your slice goes from 0.000428% to 0.000377% of the company. To keep it you'd need 8 more shares - about US$130 at the issue price.
Raised about $4.9 million in a registered direct offering of 1,400,000 shares at $3.50, plus warrants at $4.48.
What it means for a shareholder
1.4m new shares at US$3.50 to raise about US$4.9m. That's 13% dilution: every existing holder's slice gets 13% smaller. If you held US$1,000 of shares (286 at the issue price), your slice goes from 0.00306% to 0.00266% of the company. To keep it you'd need 43 more shares - about US$151 at the issue price.
28 Jan 2021capital raising announcement▲ GoodMajor
Raised about $9.6 million in a registered direct offering of 914,136 shares at $10.54 -- roughly double the per-share price of the March 2020 raise, as gold prices and project progress lifted the stock.
What it means for a shareholder
914,136 new shares at US$10.54 to raise about US$9.6m. That's 14% dilution: every existing holder's slice gets 14% smaller. If you held US$1,000 of shares (95 at the issue price), your slice goes from 0.00165% to 0.00142% of the company. To keep it you'd need 15 more shares - about US$158 at the issue price.
Acquired 2637262 Ontario Inc. ('NumberCo'), a private Ontario company, issuing 2,000,000 shares to its shareholders in a share exchange; the cached filing itself discloses no detail about NumberCo's underlying business or assets.
This is a corrected copy of the June 20, 2019 filing, made only to fix typographical errors. It restates the June 19, 2019 deal: 1,250 units of 0% Series F Preferred at $2,000 each, with Class X and Class A warrants, expected net proceeds of about $2.425 million for general corporate purposes. The preferred converts at $1.14 per share (about 2,193,750 common shares), and the deal limits new share or debt issuance without the lead investor's consent until the preferred falls below set levels. The filing does not say which typos were fixed.
20 June 2019capital raising announcement▲ GoodMajor
Raised $2.5 million selling 1,250 units of newly created 0% Series F Preferred Stock (with attached Class X Warrants) at $2,000 stated value each -- by now trading as USAU on the Nasdaq Capital Market.
19 Jan 2018capital raising announcement▲ GoodMajor
Agreed to sell 2,500 shares of new 0% Series E convertible preferred stock at $2,000 each, for about $5 million gross and an estimated $4.9 million net. Closing was expected around January 22, 2018, with warrants for 1,250,000 shares at $3.30 attached.
10 July 2017capital raising announcement▲ GoodMajor
As the newly renamed U.S. Gold Corp., raised $500,000 in a private placement of 179,211 shares at $2.79.
What it means for a shareholder
179,211 new shares at US$2.79 to raise about US$500,000. That's 2.5% dilution: every existing holder's slice gets 2.5% smaller. If you held US$1,000 of shares (358 at the issue price), your slice goes from 0.00517% to 0.00504% of the company. To keep it you'd need 9 more shares - about US$25 at the issue price.
Dataram sold U.S. Gold Corp. a $250,000 convertible promissory note on April 13, 2017. The note carried 9% annual interest and was due in six months, shortly before their merger closed.
21 Jan 2016capital raising announcement● NeutralMajor
Exchanged existing Series A Preferred Stock, Series A Warrants, Bridge Notes and Bridge Warrants for a newly created 0% Series B Convertible Preferred Stock -- simplifying the capital structure ahead of the pending U.S. Gold Corp. reverse merger, with exchanging holders barred from further capital-raising activity.
18 Nov 2014capital raising announcement▲ GoodMajor
Closed a roughly $2.7 million private placement of Series A Preferred Stock and warrants (at $5.00/share) under the October 2014 purchase agreement with Isaac Capital Group -- enough to bring the company back into compliance with Nasdaq's $2.5 million stockholders'-equity requirement.
18 July 2014capital raising announcement▼ BadMajor
Raised $750,000 through Subordinated Secured Convertible Bridge Notes and warrants, with $600,000 from institutional investors and $150,000 from the company's own management, officers and directors -- a distress-signaling bridge loan partly funded by insiders.
