Precipitate Gold Corp. Closes $6.48 Million Private Placement
Vancouver, B.C. — January 9, 2026 — Leads & Copy —
Precipitate Gold Corp. has announced the closing of a non-brokered private placement, raising $6,484,500. The offering consisted of 58,950,000 units priced at $0.11 each.
According to the company, the private placement was led by Dominican investors, including Guess Investments Ltd., described as one of the Dominican Republic’s largest institutional investors, along with other leaders from the country’s business and investment sector.
Each unit comprises one common share of Precipitate Gold and one-half of a common share purchase warrant. Each whole warrant allows the holder to acquire one additional common share at $0.17 per share for 18 months from the issuance date. All securities issued are subject to resale restrictions for six months from the issuance date.
The company said it will use the proceeds from the offering to advance exploration and project development across its Dominican mineral property portfolio, including exploration and planned drilling at its Juan de Herrera project, and for general working capital.
Jeffrey Wilson, President and CEO of Precipitate Gold, stated that the company is pleased to close the financing and welcome Dominican institutional partners. He added that the sector expertise, financial credentials, and natural resource investment experience of the new investors will be valuable to the company’s progress. Wilson also noted that the proceeds will provide significant working capital for expanded exploration efforts and future drill testing of targets throughout the company’s project portfolio.
No finder’s fees will be paid in connection with the offering.
Guess Investments Ltd. has the right to nominate an appointee to Precipitate Gold’s Board of Directors. If all warrants issued to the Dominican investors are exercised, Guess Investments Ltd. can nominate a second member to the Board, subject to approval and compliance with TSX Venture Exchange policies. This second nomination can occur no sooner than 12 months after the offering’s closing. Precipitate Gold can replace one of the Dominican investor nominees if the combined shareholding of the Dominican investors falls below 15% of the issued and outstanding shares. If the combined shareholding falls below 7.5%, Precipitate can replace the second Dominican investor nominee. Dominican representation on the company’s Board shall not exceed 30%.
Precipitate Gold Corp. is focused on exploring and advancing its mineral property interests in the Dominican Republic. These interests include the Juan de Herrera project, located adjacent to GoldQuest Mining’s Romero Project; the Pueblo Grande project, located adjacent to the Pueblo Viejo mine operated by Barrick Mining; and the Ponton project, located 30km east of the Pueblo Viejo mine.
The company is also evaluating additional property acquisitions to expand its portfolio and increase shareholder value.
Jeffrey Wilson, President & CEO
Tel: 604-558-0335
Toll Free: 855-558-0335
investor@precipitategold.com
Source: Precipitate Gold Corp.
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