Day: February 4, 2026

Tocvan Announces Upsize of Bought Deal Financing to $8.7 Million

Tocvan Ventures upsized its bought deal financing to C$8.7M, issuing 8,700,000 units at C$1.00 each (1 share + 1 warrant at C$1.40 for 36 months). Led by Stifel Canada, with over-allotment for 1,305,000 units. Funds advance Sonora gold projects and working capital. Closing expected ~Feb 19, 2026.

Alamos Gold Provides Three-Year Operating Guidance Outlining 46% Production Growth by 2028 at Significantly Lower Costs

Alamos Gold Inc. announced three-year operating guidance, projecting 46% production growth by 2028 to 755,000–835,000 ounces (from 2025 levels), driven by the Island Gold District expansion and Lynn Lake project. Costs are expected to drop significantly (around 20–24% in AISC and cash costs), with longer-term output reaching ~1 million ounces annually by 2030.

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