Onyx Gold Closes Second Tranche of Non-Brokered Private Placement Financing with Strategic Investors

  • Vancouver, British Columbia--(Newsfile Corp. - June 6, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces closing of the second and final tranche of its previously announced non-brokered private placement (the "Private Placement"). Pursuant to the second tranche of the Private Placement, the Company issued 1,709,657 common shares that qualify as "flow-through shares" (within the meaning of subsection 66(15) of Income Tax Act (Canada) (the "Tax Act")) (the "FT Shares") at a price of $1.19 per FT Share for aggregate gross proceeds of approximately $2.03 million.