Opus One Gold Secures $2.2M to Fuel Abitibi Gold Exploration

MONTREAL, QC – December 30, 2025 – Opus One Gold Corporation (TSXV: OOR) has successfully closed a significant non-brokered private placement, injecting total gross proceeds of $2,228,825.31 into its treasury. The financing provides the junior mining explorer with vital capital to accelerate exploration on its promising gold and base metal properties located in the heart of the world-renowned Abitibi Greenstone Belt in Quebec.

This capital raise, a crucial step for any exploration-stage company, is seen as a strong vote of confidence from investors in the company’s strategy and the geological potential of its assets. The funds are earmarked for two primary purposes: advancing on-the-ground exploration work and supporting general corporate operations.

A Strategic Capital Injection for Exploration

The financing was structured in two parts. The larger portion, amounting to $1,576,075.35, was raised through the issuance of 21,014,338 flow-through shares (FT Shares) at a price of $0.075 per share. The gross proceeds from these FT Shares are designated specifically for incurring Canadian Exploration Expenses on the company’s mineral properties. This structure is designed to directly fund drilling, geophysical surveys, and other discovery-focused activities.

The second part of the offering consisted of 10,042,307 units sold at $0.065 each, raising an additional $652,749.96. These funds will be allocated to general working capital, ensuring the company maintains operational stability while its exploration programs are underway. Each unit is composed of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire an additional common share at an exercise price of $0.10 for a period of 24 months, providing a potential future source of funding.

This infusion of capital is timely, as Opus One Gold has been actively preparing for an ambitious winter drilling program set to commence in early 2026. The company has already secured three drill rigs for its flagship Noyell property, located near Matagami, Quebec. Recent exploration at Noyell has yielded encouraging results, including a June 2025 drill intercept that returned 4.10 grams per tonne (g/t) of gold over 7.1 meters at a vertical depth of 550 meters. Critically, these findings confirmed that the project’s main mineralized structure, Zone 1, remains open for expansion at depth and along strike, making it a high-priority target for the newly funded exploration campaign.

Navigating Junior Mining Finance

The structure of the private placement highlights common yet sophisticated financing mechanisms utilized by Canadian junior explorers. The use of flow-through shares is a key incentive, allowing the company to transfer qualifying exploration-related tax deductions to the initial investors. This tax benefit makes the investment more attractive and is a critical tool for raising capital for high-risk, early-stage exploration in Canada.

The offering was conducted under the “accredited investor” exemption, which allows companies to raise capital from sophisticated investors without filing a full prospectus. This streamlines the fundraising process, making it faster and more cost-effective than a public offering.

Further demonstrating adherence to corporate governance protocols, the company disclosed that Patrick Fernet, a director, participated in the offering. Fernet acquired 300,000 FT Shares for a total of $22,500. This is classified as a “related party transaction” under securities regulations. However, the transaction was exempt from formal valuation and minority shareholder approval requirements because its value did not exceed 25% of the company’s market capitalization. Opus One Gold confirmed that Mr. Fernet abstained from all board votes related to the offering, ensuring the transaction was reviewed and approved independently.

In connection with the financing, the company paid cash finders' fees totaling $67,945 and issued 870,363 compensation warrants to arm’s length finders. These warrants carry the same terms as those in the units, with a $0.10 exercise price and a 24-month term. All securities issued, including the shares and warrants, are subject to a statutory four-month hold period in Canada.

Market Confidence and Project Potential

For a junior explorer like Opus One Gold, which currently has no revenue-generating production, securing over $2.2 million in a non-brokered placement is a significant achievement. It reflects a resilient investor appetite for well-positioned gold projects, especially those situated in premier mining jurisdictions like the Abitibi Greenstone Belt, which has historically produced over 200 million ounces of gold.

The market has responded positively to the company's recent progress. In the past month, Opus One Gold's stock (OOR) on the TSX Venture Exchange has seen an increase of over 15%, with its value rising approximately 50% over the last year. This momentum, coupled with the successful financing, positions the company strongly as it heads into its next phase of exploration.

The funds will not only support the primary drilling at Noyell but also allow the company to advance its other holdings. Its Fecteau property, for instance, has several drill-ready targets for both gold and base metals that were identified following extensive fieldwork. This financial stability allows the exploration team to systematically test the potential of its entire property portfolio.

In a move toward transparent market communication, the company also issued a clarification regarding warrants from a previous private placement in April 2025, confirming their term is 24 months, not 36 months. With its finances now bolstered, Opus One Gold is well-equipped to execute its strategy of delineating new resources and creating shareholder value through systematic and aggressive exploration in one of the world's most fertile regions for gold discovery.