# Roxmore Announces a C$30,000,000 Non-Brokered Private Placement to Advance the Converse Gold Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/roxmore-announces-a-c-30-000-000-non-brokered-private-placement-to-advance-the-c--e5710199-d65d-4718-8cc1-991b41e772e2

Original source: https://money.tmx.com/en/quote/RM/news/5581093598070727/roxmore-announces-a-c-30-000-000-non-brokered-private-placement-to-advance-the-c

Publisher: tmx

Original announcement: 2026-02-17T13:20:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Roxmore Resources Inc.

- Ticker: RM

- Exchange: TSX

- Region: Nevada, USA

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Capital raise, Resource update

- Extracted: 2026-08-26 06:44:12 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Roxmore Resources Inc. has announced a C$30,000,000 non-brokered private placement to accelerate the development of its Converse Gold Project in Nevada. The proceeds will fund an accelerated Pre-feasibility Study \(PFS\), including ~30,000 meters of drilling and metallurgical testwork.

Reasoning: Large non-brokered private placement at a premium to recent financings, providing significant runway to advance the Converse Gold Project through PFS.

- Positive factor: significant capital raise of C$30M

- Positive factor: addition of leading cornerstone investors

- Positive factor: funding to accelerate PFS and drilling

- Positive factor: strong resource base mentioned

Facts used in scoring: 3

## Classification and evidence

**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: Vance Spalding, CPG is named as the Qualified Person who reviewed the technical information.

Evidence · text

> reviewed and approved by Vance Spalding, CPG, Executive VP Exploration for Roxmore, who is a "qualified person"

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The document references an Amended and Restated NI 43-101 Technical Report.

Evidence · text

> Amended and Restated NI 43-101 Technical Report

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## 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.