26/03/12 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2026-0930
1911 GOLD CORPORATION ("AUMB")
BULLETIN TYPE: Securities for Bonuses
BULLETIN DATE: March 12, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing a loan agreement (the "Agreement") between the Company and Auramet International, Inc. (the "Lender") dated February 19, 2026, whereby the Lender provides a US$30,000,000 secured credit facility (the "Credit Facility") to the Company. The Credit Facility consists of a US$15,000,000 tranche 1 amount ("Tranche 1") made available on March 9, 2026 ("the Closing Date") and a US$15,000,000 tranche 2 amount ("Tranche 2") to be made available during the period commencing 90 days following the Closing Date and ending 180 days following the Closing Date. The loan has a maturity date of 24 months from the Closing Date (the "Maturity Date") and bears interest at 12% per annum, with no interest accruing on Tranche 1 for the first six months.
In connection with the Credit Facility, the Company issued 1,369,600 common shares in the capital of the Company at a deemed price of CA$1.05 per common share as consideration for the arrangement of the Credit Facility. Additionally, in connection with Tranche 1, the Company issued (i) 489,142 common shares at a deemed price of CA$1.05 per common share as consideration for the Tranche 1 drawdown fee, and (ii) 4,500,000 common share purchase warrants, with each common share purchase warrant exercisable to purchase one common share at an exercise price equal to CA$1.07 per common share until the Maturity Date, subject to acceleration.
For further details, refer to the Company's news releases dated February 20, 2026 and March 9, 2026.
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