07:31 AM EDT, 06/24/2025 (MT Newswires) -- Great Pacific Gold ( FSXLF ) overnight Monday announced a $10 million private placement offering of 22.2 million units at $0.45 each.

The underwriters have an over-allotment option that if fully exercised would raise an additional $2 million. Each unit will consist of one share half a three year warrant to buy a share at $0.70 each. The offering is expected to close about July 3.

Great Pacific will use the proceeds to advance the Wild Dog Project and additional exploration activities in Papua New Guinea.