# Roxmore Announces Close of C$32,640,000 Non-Brokered Private Placement Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/roxmore-announces-close-of-c-32-640-000-non-brokered-private-placement--7d6c43b0-33de-460b-8d0e-870e59b63ee0 Original source: https://money.tmx.com/en/quote/RM/news/6567005419531591/roxmore-announces-close-of-c-32-640-000-non-brokered-private-placement Publisher: tmx Original announcement: 2026-03-02T22:50:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Roxmore Resources Inc. - Ticker: RM - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Capital raise, Resource update - Extracted: 2026-09-18 18:51:07 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Roxmore Resources Inc. has closed a C$32.64 million non-brokered private placement to fund the advancement of its Converse Gold Project in Nevada. The proceeds are earmarked for an accelerated Pre-Feasibility Study \(PFS\) work plan, including 30,000 meters of drilling and metallurgical testwork. Reasoning: The company successfully closed a significant non-brokered private placement that provides the necessary liquidity to advance the Converse Gold Project toward a Pre-Feasibility Study \(PFS\). - Positive factor: Successful C$32.6M capital raise - Positive factor: Strong investor interest leading to increased offering size - Positive factor: Inclusion of cornerstone institutional investors - Positive factor: Funding provides 18-month runway for PFS-level work Facts used in scoring: 2 ## Classification and evidence **capital\_raise** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document announces the closing of a C$32,640,000 non-brokered private placement. Evidence · text > completed its previously-announced non-brokered private placement \(the " Offering "\) for aggregate gross proceeds of C$32,640,000 **resource\_update** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document provides a summary of the existing Mineral Resource Estimate for the Converse Gold Project. Evidence · text > containing 5.57Moz Au of Measured and Indicated Mineral Resources and 0.42Moz Au Inferred Mineral Resources ## Extracted facts Stored fact records: 1. Some facts used in scoring do not have a stored record. ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/roxmore-announces-close-of-c-32-640-000-non-brokered-private-placement--7d6c43b0-33de-460b-8d0e-870e59b63ee0#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 - Ticker: RM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Vance Spalding - Resource group id: resource:a606438048fae83693ba - Deposit or zone: Converse Gold Project #### Resource Data - Category: inferred - Tonnes: 238000000 - Grade: 0.539 - Grade Unit: g/t - Contained Metal: 4.13 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-02-13T00:00:00.000Z #### Dates - Event date: 2026-03-02T00:00:00.000Z Reasoning: This is a restatement of a resource from a February 2025 technical report. - Positive factor: Large scale gold resource Evidence · text > 238mt at 0.539g/t Au for 4.13Moz Context: containing 5.57Moz Au of Measured and Indicated Mineral Resources and 0.42Moz Au Inferred Mineral Resources \(238mt at 0.539g/t Au for 4.13Moz Measured Mineral Resources; 92mt at 0.487g/t Au for 1.44Moz Indicated, 25mt at 0.528g/t Au for 0.42Moz Inferred Mineral Resources\) #### 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 ## 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.