Radisson Mining Resources Announces Successful Private Placement and Continued Exploration Highlights
Radisson Mining Resources Inc. (TSXV: RDS, OTCQX: RMRDF) closed a private placement on September 1 2026, raising C$57 159 400 through the sale of 53 420 000 units to Agnico Eagle Mines Limited. The units were sold at C$1.07 each, providing the company with significant liquidity to fund ongoing exploration activities in its gold projects located in north‑western Quebec and Ontario.
The private placement is part of a strategic partnership with Agnico Eagle, a well‑established gold producer. The investment strengthens Radisson’s capital base and affirms confidence from a major industry player in the company’s exploration potential.
In addition to the funding round, Radisson released recent exploration results from the O’Brien project, located in the Trend 1‑Trend 2 gap. The company reports intersecting high‑grade gold mineralisation, with a sample yielding 52.34 g/t gold over 3 m. Similar findings were documented in French language releases, highlighting 5234 g/t over 3 m. These results support the company’s strategy of targeting high‑grade, near‑surface resources that could expedite the transition from exploration to production.
Key points:
- Capital raise: C$57 159 400 through Agnico Eagle participation.
- Unit price: C$1.07 per unit, 53 420 000 units sold.
- Strategic partnership: Agnico Eagle’s involvement signals industry endorsement.
- Exploration progress: High‑grade gold intercepts at O’Brien project (52.34 g/t over 3 m).
- Company focus: Acquisition, exploration, and development of gold projects in Quebec and Ontario.
Radisson Mining Resources continues to pursue value creation for shareholders by advancing its exploration portfolio and securing strategic capital investments.
