# Roxmore Announces Upsize Of Its Previously Announced Non-Brokered Private Placement To C$32,640,000 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/roxmore-announces-upsize-of-its-previously-announced-non-brokered-private-placem--2664d172-f431-47ef-b55f-66b9abf6f2ec Original source: https://money.tmx.com/en/quote/RM/news/4955957696574981/roxmore-announces-upsize-of-its-previously-announced-non-brokered-private-placem Publisher: tmx Original announcement: 2026-02-18T12:00:00.000Z 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: None reported - Document categories: Resource update, Capital raise - Extracted: 2026-09-18 18:55:13 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Roxmore Resources Inc. has upsized its non-brokered private placement to C$32.64 million due to high investor interest, with proceeds intended to accelerate the Converse Gold Project in Nevada. The company also provided a summary of its Converse Gold Project mineral resources, totaling 5.57Moz Au \(M&I\) and 0.42Moz Au \(Inferred\). Reasoning: The announcement of an upsized capital raise due to high demand is a strong positive signal for liquidity and project momentum, supported by the mention of a large gold resource. - Positive factor: Upsized private placement indicates high investor interest - Positive factor: Significant capital injection of C$32.6M to accelerate project development - Positive factor: Large gold resource base mentioned \(5.57Moz Au\) Facts used in scoring: 3 ## Classification and evidence **capital\_raise** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The primary focus is the upsize of a non-brokered private placement to C$32,640,000. Evidence · text > increased the size of its previously announced non-brokered private placement \(the " Upsized Offering "\) to now raise 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 contains a summary of the Converse Gold Project mineral resource estimate. Evidence · text > containing 5.57Moz Au of Measured and Indicated Mineral Resources and 0.42Moz Au Inferred Mineral Resources ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/roxmore-announces-upsize-of-its-previously-announced-non-brokered-private-placem--2664d172-f431-47ef-b55f-66b9abf6f2ec#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:20a1c8e643e3a840dbfb #### Resource Data - Category: indicated - Tonnes: 238000000 - Grade: 0.539 - Grade Unit: g/t - Contained Metal: 5.57 - 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: 2026-02-18T00:00:00.000Z Reasoning: Resource figures are historical/previously reported \(dated Feb 13, 2025\) and provided as context. - Positive factor: Large gold resource scale Evidence · text > 5.57Moz Au of Measured and Indicated Mineral Resources and 0.42Moz Au Inferred Mineral Resources #### 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/roxmore-announces-upsize-of-its-previously-announced-non-brokered-private-placem--2664d172-f431-47ef-b55f-66b9abf6f2ec#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 - Ticker: RM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Vance Spalding - Resource group id: resource:3b3427afc6964e545646 #### Resource Data - Category: inferred - Tonnes: 25000000 - Grade: 0.528 - Grade Unit: g/t - Contained Metal: 0.42 - 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: 2026-02-18T00:00:00.000Z Reasoning: Resource figures are historical/previously reported \(dated Feb 13, 2025\). Evidence · text > 0.42Moz Au 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 ## 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.