09:58 AM EDT, 06/18/2026 (MT Newswires) -- Napoleon Resources (NAP.V) closed an initial public offering on the TSX Venture Exchange to raise C$575,000, the company said Thursday.

The company plans to use the proceeds to advance the Napoleon gold project in British Columbia, as well as for corporate development and general working capital purposes.

Under the IPO, Napoleon issued 5.75-million shares priced at $0.10 apiece. The offering also included an overallotment option for an additional 750,000 shares.