Goldshore Resources Inc. Upsizes Private Placement to $36.08M for Moss Gold Deposit Development
Vancouver, BC, June 3, 2025 — Goldshore Resources Inc. (TSXV: GSHR) (OTC Markets: GSHRF) (FSE: 8X00), a company specializing in exploration and mining services within the materials sector, has announced an upsize to its previously announced “bought deal” private placement. The new financing round totals $36.08 million, aimed at advancing the development of the Moss Gold Deposit.
The company has entered into an agreement with Stifel Nicolaus Canada Inc., serving as the lead underwriter and sole bookrunner, alongside a syndicate of underwriters. This strategic move is designed to bolster the ongoing development efforts at the Moss Gold Deposit, a key project for Goldshore.
Previously, on June 2, 2025, Goldshore had announced a $25 million bought deal private placement for the same purpose. The upsize reflects the company’s commitment to accelerating its project timelines and enhancing its operational capabilities.
Goldshore Resources Inc. is listed on the TSX Venture Exchange and operates globally, focusing on gold exploration and development. The company’s market capitalization stands at CAD 123,720,000, with a close price of CAD 0.34 as of June 1, 2025. Despite a negative price-to-earnings ratio of -17.33, the company continues to pursue growth opportunities in the gold sector.
This financial maneuver underscores Goldshore’s proactive approach to securing the necessary capital to drive its strategic initiatives forward. For more information, stakeholders can visit the company’s website at www.goldshoreresources.com .
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