# Evergold Announces $350,000 Non-Brokered Convertible Debenture Private Placement with CJ Greig to Finance Drilling in Early November at the DEM Gold Prospect Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/evergold-announces-350-000-non-brokered-convertible-debenture-private-placement--31b43427-aa35-4f0f-8d05-8a501c3eeb6b Original source: https://money.tmx.com/en/quote/EVER/news/4714951063363415/evergold-announces-350-000-non-brokered-convertible-debenture-private-placement- Publisher: tmx Original announcement: 2025-10-29T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Evergold Corp. - Ticker: EVER - Exchange: TSX - Region: British Columbia - Primary commodity: Gold - Secondary commodities: Cobalt, Silver, Copper, Tellurium, Antimony - Document categories: Drill results, Capital raise - Extracted: 2026-09-13 22:53:09 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Evergold Corp. has secured a $350,000 non-brokered convertible debenture private placement with C.J. Greig Holdings Ltd. to fund drilling at the DEM Gold Prospect in British Columbia. The funds will support a new drill hole \(DEM25-06\) targeting depth extensions of the DEM Mountain Zone, which has previously shown high-grade gold and critical metal credits. Reasoning: The announcement is primarily a capital raise to fund upcoming drilling, using historical high-grade intercepts to justify the investment. - Positive factor: Capital injection to fund immediate drilling - Positive factor: High-grade gold intercepts mentioned in historical context - Positive factor: Strategic metal credits \(cobalt, antimony, etc.\) - Positive factor: Strong director support via related party investment - Negative factor: Related party transaction \(investor is a director/CEO\) - Negative factor: Historical drill results are being re-stated rather than new assays Facts used in scoring: 3 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions a Qualified Person \(Charles J. Greig, M.Sc., P.Geo.\) has reviewed and approved the technical information. Evidence · text > Charles J. Greig, M.Sc., P.Geo., the Company’s Chief Exploration Officer and a Qualified Person as defined by NI 43-101, has reviewed and approved the technical information **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: The document explicitly states an estimated true width of 40 metres for the DEM23-03 intercept. Evidence · text > est. 40 metres true width ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### DEM23-03 [Link to this fact](https://atlas-extractions.minestarters.com/news/evergold-announces-350-000-non-brokered-convertible-debenture-private-placement--31b43427-aa35-4f0f-8d05-8a501c3eeb6b#fact-drill-facts-0) The key goals for this hole will be to demonstrate · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: DEM23-03 - Project: The key goals for this hole will be to demonstrate - Commodity: gold - Region: canada\_bc - Reported Region: canada\_bc - Ticker: EVER #### Geometry - Grade: 0.58 - Grade Unit: g/t - Intercept: 48.2 m - True Width: 40 m - From: 303 m - To: 351.2 m - Intercept Depth: 303 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: DEM23-03:303-351.2 - Mining Method: underground #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-15T00:00:00.000Z #### Dates - Event date: 2025-10-29T00:00:00.000Z Reasoning: Historical broad low-grade intercept. - Positive factor: Broad width - Negative factor: Low grade Evidence · text > DEM23-03... intersected a broad \(48.2 metre wide, est. 40 metres true width\) zone of... gold mineralization grading 0.58 g/t Au from 303 to 351.2 metres #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 40 **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### DEM23-03 [Link to this fact](https://atlas-extractions.minestarters.com/news/evergold-announces-350-000-non-brokered-convertible-debenture-private-placement--31b43427-aa35-4f0f-8d05-8a501c3eeb6b#fact-drill-facts-1) The key goals for this hole will be to demonstrate · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: DEM23-03 - Project: The key goals for this hole will be to demonstrate - Commodity: gold - Region: canada\_bc - Reported Region: canada\_bc - Ticker: EVER #### Geometry - Grade: 11.98 - Grade Unit: g/t - Intercept: 1.5 m - From: 339 m - To: 340.5 m - Intercept Depth: 303 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: DEM23-03:339-340.5 - Mining Method: underground #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-15T00:00:00.000Z #### Dates - Event date: 2025-10-29T00:00:00.000Z Reasoning: High-grade sub-interval within a larger low-grade zone. - Positive factor: High grade Evidence · text > the interval from 339 to 340.5 metres returned 11.98 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### DEM23-03 [Link to this fact](https://atlas-extractions.minestarters.com/news/evergold-announces-350-000-non-brokered-convertible-debenture-private-placement--31b43427-aa35-4f0f-8d05-8a501c3eeb6b#fact-drill-facts-2) The key goals for this hole will be to demonstrate · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: DEM23-03 - Project: The key goals for this hole will be to demonstrate - Commodity: gold - Region: canada\_bc - Reported Region: canada\_bc - Ticker: EVER #### Geometry - Grade: 29.5 - Grade Unit: g/t - Intercept: 0.5 m - From: 340 m - To: 340.5 m - Intercept Depth: 303 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: DEM23-03:340-340.5 - Mining Method: underground #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-15T00:00:00.000Z #### Dates - Event date: 2025-10-29T00:00:00.000Z Reasoning: Very high grade narrow intercept. - Positive factor: Bonanza grade Evidence · text > including a half metre of 29.5 g/t Au from 340.0 to 340.5 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.