May 06, 2025

Zodiac Gold closes non-brokered private placement

Goodmans LLP advised Zodiac Gold Inc. in connection with the closing of the second and final tranche of its non-brokered private placement.

The offering was oversubscribed and was upsized from C$1,000,000 to total gross proceeds of C$1,152,926.62 due to investor demand. The company intends to use the net proceeds to continue exploration and drilling at its flagship Todi Gold Project, and for working capital purposes.

Zodiac Gold is a West-African gold exploration company focused on its flagship Todi Project situated in Liberia—an underexplored, politically stable, mining friendly jurisdiction hosting several large-scale gold and iron ore deposits.

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