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Ascot Announces Closing of Rights Offering

  • Ascot Resources Ltd. announced the closing of its rights offering, allowing shareholders to acquire 1,487,151,720 common shares at C$0.01 each for gross proceeds of C$14,871,517.
  • Of the shares issued, 989,914,059 were from the basic subscription privilege and 497,237,661 from the additional subscription privilege.
  • Approximately 48.53% of the total shares were issued to insiders before the rights offering closed, resulting in 2,974,731,882 shares outstanding.
  • Ascot plans to use the net proceeds to settle outstanding debts.
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10 Articles

Globe NewswireGlobe Newswire
+8 Reposted by 8 other sources
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Ascot Announces Closing of Rights Offering

VANCOUVER, British Columbia, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSXV: AOT.H; OTCID: AOTVF) (“Ascot” or the “Company”) is pleased to...

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Inside Ottawa Valley broke the news in Ottawa, Canada on Monday, December 15, 2025.
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