# Roxmore Announces a C$30,000,000 Non-Brokered Private Placement to Advance the Converse Gold Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/roxmore-announces-a-c-30-000-000-non-brokered-private-placement-to-advance-the-c--d3dd4b98-c1a0-4644-8a81-71a808bb1524 Original source: https://money.tmx.com/en/quote/RM/news/5581093598070727/roxmore-announces-a-c-30-000-000-non-brokered-private-placement-to-advance-the-c Publisher: tmx Original announcement: 2026-02-17T13:20:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Roxmore Resources Inc. - Ticker: RM - Exchange: TSX - Region: Nevada, USA - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Capital raise, Economic study - Extracted: 2026-09-18 18:55:36 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Roxmore Resources Inc. announced a C$30 million non-brokered private placement at a significant premium, attracting three cornerstone investors. The proceeds will primarily accelerate the Pre-feasibility Study for its flagship Converse Gold Project in Nevada, USA. The company also referenced its existing NI 43-101 compliant mineral resource estimate for the project. Reasoning: Roxmore successfully completed a significant private placement at a premium with new cornerstone investors, providing capital to accelerate the Pre-feasibility Study for its Converse Gold Project. - Positive factor: Successful C$30M private placement - Positive factor: premium to recent financings - Positive factor: adds three leading cornerstone investors - Positive factor: accelerate the commencement of the Pre-feasibility Study \(PFS\) - Positive factor: flagship Converse Gold Project in Nevada, USA Facts used in scoring: 4 ## Classification and evidence **Placement Premium** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The financing was completed at a significant premium to recent financings. Evidence · text > This financing will be completed at a significant premium to the price of our recent financings **Cornerstone Investor** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The financing adds three leading cornerstone investors to the company's register. Evidence · text > adds three leading cornerstone investors to our register. It is designed to provide us with a strong and durable capital foundation **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: The proceeds will be used to accelerate the commencement of the Pre-feasibility Study \(PFS\). Evidence · text > this financing allows us to accelerate the commencement of the Pre-feasibility Study \(PFS\) **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The mineral resource estimate is from an NI 43-101 Technical Report. Evidence · text > technical report entitled "Amended and Restated NI 43-101 Technical Report and Mineral Resource Update, Converse Property, Humboldt County, Nevada, USA" **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The scientific and technical information has been reviewed and approved by a Qualified Person. Evidence · text > The scientific and technical information contained in this news release has been reviewed and approved by Vance Spalding, CPG, Executive VP Exploration for Roxmore, who is a "qualified person" within the meaning of National Instrument 43-101 ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/roxmore-announces-a-c-30-000-000-non-brokered-private-placement-to-advance-the-c--d3dd4b98-c1a0-4644-8a81-71a808bb1524#fact-resource-facts-1) Converse Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Converse Gold Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada, USA - Ticker: RM #### Resource scope - Estimate type: resource - Effective date: 2025-02-13T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Vance Spalding - Resource group id: resource:968d5704a44528c31475 #### Resource Data - Category: measured - Tonnes: 238000000 - Grade: 0.539 - Grade Unit: g/t - Contained Metal: 4.13 - Contained Unit: moz #### Prior Estimate - Resource Date: 2025-02-13 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The document re-states the existing NI 43-101 compliant Measured Mineral Resource estimate for the Converse Gold Project, which is a significant gold deposit. - Positive factor: large undeveloped gold deposits - Positive factor: NI 43-101 Technical Report Evidence · text > 5.57Moz Au of Measured and Indicated Mineral Resources and 0.42Moz Au Inferred Mineral Resources \(238mt at 0.539g/t Au for 4.13Moz Measured Mineral Resources #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/roxmore-announces-a-c-30-000-000-non-brokered-private-placement-to-advance-the-c--d3dd4b98-c1a0-4644-8a81-71a808bb1524#fact-resource-facts-2) Converse Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Converse Gold Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada, USA - Ticker: RM #### Resource scope - Estimate type: resource - Effective date: 2025-02-13T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Vance Spalding - Resource group id: resource:87ee002d070cc816f8a9 #### Resource Data - Category: indicated - Tonnes: 92000000 - Grade: 0.487 - Grade Unit: g/t - Contained Metal: 1.44 - Contained Unit: moz #### Prior Estimate - Resource Date: 2025-02-13 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The document re-states the existing NI 43-101 compliant Indicated Mineral Resource estimate for the Converse Gold Project, which is a significant gold deposit. - Positive factor: large undeveloped gold deposits - Positive factor: NI 43-101 Technical Report Evidence · text > 92mt at 0.487g/t Au for 1.44Moz Indicated #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/roxmore-announces-a-c-30-000-000-non-brokered-private-placement-to-advance-the-c--d3dd4b98-c1a0-4644-8a81-71a808bb1524#fact-resource-facts-3) Converse Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Converse Gold Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada, USA - Ticker: RM #### Resource scope - Estimate type: resource - Effective date: 2025-02-13T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Vance Spalding - Resource group id: resource:f7a5c1a1d14c60e50021 #### Resource Data - Category: inferred - Tonnes: 25000000 - Grade: 0.528 - Grade Unit: g/t - Contained Metal: 0.42 - Contained Unit: moz #### Prior Estimate - Resource Date: 2025-02-13 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The document re-states the existing NI 43-101 compliant Inferred Mineral Resource estimate for the Converse Gold Project, which is a significant gold deposit. - Positive factor: large undeveloped gold deposits - Positive factor: NI 43-101 Technical Report Evidence · text > 25mt at 0.528g/t Au for 0.42Moz Inferred Mineral Resources #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.