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Ardiden Seals Lac Gold Merger, Raises $10M to Ignite Canadian Gold Drilling
7:00am on Friday 5th of December, 2025 AEDT
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Mining
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Ardiden Seals Lac Gold Merger, Raises $10M to Ignite Canadian Gold Drilling
7:00am on Friday 5th of December, 2025 AEDT
Key Points
Merger completed with Ardiden acquiring 100% of Lac Gold shares
Combined assets include Rouyn Gold Project (Québec) and Pickle Lake Gold Project (Ontario)
Raised $10 million via placement to fund near-term drilling and exploration
Reconstituted board led by Independent Chair Ian Hume
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