202615 releases
Radisson Continues to Expand Scope of High-Grade Gold Mineralization Beneath the Former O’Brien Gold Mine with New Drill Results Including 68.24 g/t Gold over 6.2 Metres
Eight new drill holes at the 100%-owned O'Brien Gold Project in Québec's Abitibi region returned gold mineralization, including 68.24 g/t Au over 6.20 metres in OB-26-385W5 (with 384.01 g/t Au over 1.0 metre), 27.27 g/t Au over 3.3 metres in OB-26-385W8, 8.14 g/t Au over 5.50 metres in OB-25-378W4 and 18.13 g/t Au over 2.0 metres in OB-26-385W7. The holes form part of a 140,000-metre step-out program, with mineralization now delineated over a 1,000-metre vertical interval beneath the former mine. Of 128 holes since late 2024, 106 returned intercepts consistent with mineral resources; eight rigs are active.
Drill resultsRadisson to Participate in the Gentile Mining Investor Forum in London
Radisson Mining will participate in the inaugural Gentile Mining Investor Forum, a full-day investor conference in London on Monday, October 19, 2026, at 116 Pall Mall in Mayfair, presented by Michael Gentile with Amvest Capital. The event brings up to 150 investors together with over 20 companies from Gentile's portfolio for one-on-one meetings and issuer showcases. Radisson noted its 140,000-metre step-out drill program at the O'Brien Gold Project in Québec is ongoing with eight rigs, following a completed C$57 million investment by Agnico Eagle Mines.
CorporateRadisson Closes C$57 Million Strategic Investment
A C$57,159,400 non-brokered private placement with Agnico Eagle Mines has closed, comprising 53,420,000 units at C$1.07, each with one Class A common share and one-half warrant exercisable at C$1.39 for 60 months. Agnico Eagle now holds about 10.45% of outstanding shares non-diluted and 14.90% partially diluted. Proceeds will fund an advanced underground exploration program at the 100%-owned O'Brien Gold Project in Abitibi, Québec, including an access ramp and related infrastructure; final TSX Venture Exchange acceptance is pending.
FinancingRadisson Announces C$57 Million Strategic Investment by Agnico Eagle to Support an Advanced Underground Exploration Program
Agnico Eagle has agreed to subscribe for 53,420,000 units at C$1.07 per unit for gross proceeds of C$57,159,400, a 6% premium to the August 21, 2026 close and 19% to the 20-day VWAP, leaving it with about 10.45% of Radisson's shares non-diluted and 14.90% partially diluted. Each unit includes a half warrant exercisable for 60 months at C$1.39. Proceeds will fund an advanced underground exploration program, including an access ramp, at the 100%-owned O'Brien Gold Project in Abitibi, Québec, while the 140,000-metre step-out drill program continues. Agnico Eagle gains board nomination and participation rights; closing requires TSX Venture Exchange approval.
FinancingRadisson Announces Results of its Annual and Special Meeting of Shareholders
Shareholders approved all items of business at Radisson Mining's annual and special meeting held June 11, 2026, including re-election of eight directors, re-appointment of Raymond Chabot Grant Thornton LLP as auditor, re-approval of the Omnibus Equity Incentive Plan and adoption of a new Shareholder Rights Plan, which remains subject to TSX Venture Exchange final acceptance. A total of 189,311,186 votes, or 43.62% of class A shares outstanding, were represented. Pierre Beaudoin was re-appointed Chairperson. The board subsequently granted 2,758,181 options at $0.86, 381,976 RSUs and 372,095 DSUs.
CorporateRadisson Announces Upsize of Bought Deal Financing to $22 Million
A previously announced bought deal private placement has been upsized to gross proceeds of approximately $22 million, comprising 15,941,797 flow-through Class A common shares at $1.38 per share for $21,999,679.86. Underwriters, led by ATB Cormark, retain an option for up to an additional $3,000,120, which would bring maximum gross proceeds to $24,999,799.86. Proceeds will fund exploration and development at the O'Brien Gold Project in Québec, including deep drilling beyond the current program. Closing is expected on or about May 28, 2026.
FinancingRadisson Announces $20 Million Bought Deal Financing
A bought deal private placement of 14,493,000 flow-through Class A common shares at $1.38 per share for gross proceeds of $20,000,340 has been agreed with ATB Cormark Capital Markets as lead underwriter and sole bookrunner, with an option to add up to $3,000,120 for maximum gross proceeds of C$23,000,460. Proceeds will fund exploration and development at the 100%-owned O'Brien Gold Project in Québec, including deep drilling. Closing is expected on or about May 28, 2026.
FinancingRadisson Extends High-Grade Gold Mineralization at O'Brien to 1.9 Kilometres Depth with Latest Drill Results
Assay results from sixteen drill holes at the 100%-owned O'Brien Gold Project in Québec's Abitibi region include pilot hole OB-26-384, the deepest hole drilled at the Project, which returned 4.54 g/t Au over 12.0 metres core length including 16.85 g/t Au over 1.0 metre at 1,900 metres vertical depth, 350 metres below the base of the current resource area. Other intercepts include 20.39 g/t Au over 1.5 metres in OB-26-385W1 and 5.96 g/t Au over 6.9 metres in OB-25-378W2. The holes form part of an ongoing 140,000-metre step-out drill program, with seven rigs active.
Drill resultsRadisson Appoints Michel Leclerc to Board of Directors
Michel Leclerc, P.Eng., a mining engineer with more than 35 years of experience including nearly 20 years at Agnico Eagle Mines, where he was Vice President, Project Evaluation from 2012 to 2020 and Mine Manager of the LaRonde complex, has been appointed to Radisson Mining's board of directors, effective immediately. Concurrently, the company granted 400,000 stock options exercisable at $0.90 per class A share until April 20, 2031. Radisson owns the O'Brien Gold Project in Québec's Abitibi region.
ManagementRadisson Highlights Developing Vein Model at O’Brien Gold Project with Implications for Future Growth and Mine Planning
Geological modelling beneath the historic O'Brien mine in Québec's Abitibi region has delineated at least eight parallel veins over an area of 250 metres east-west by 700 metres vertical, based on pilot holes OB-24-337 and OB-25-378 plus fifteen wedges. Highlight intercepts on central vein V3-CEN include 31.24 g/t Au over 8.0 metres, including 242.0 g/t Au over 1.0 metre, and 16.43 g/t Au over 8.1 metres. Radisson's 140,000 metre step-out program continues, with a first Mineral Resource Estimate update expected before the end of Q1 2026.
NewsRadisson Announces Additional High-Grade Drill Results at O’Brien Including 23.37 g/t Au over 4.0 Metres and the Deepest Intercept to Date
Assay results from seven drill holes at the 100%-owned O'Brien Gold Project in Québec's Abitibi region include OB-25-322W3 with 23.37 g/t Au over 4.0 metres, including 60.60 g/t Au over 1.5 metres, and 2.50 g/t Au over 19.0 metres, extending Trend #1 mineralization to 1,450 metres vertical depth, 375 metres below existing mineral resources. New pilot hole OB-25-378 returned 15.70 g/t Au over 1.1 metres at 1,620 metres vertical depth, the deepest intercept to date. The holes form part of a 140,000-metre step-out program, with six rigs active.
Drill resultsRadisson Announces Additional High-Grade Drill Results and Further Extends New Mineralization Beneath the Historic O’Brien Gold Mine
Six new drill holes at the 100%-owned O'Brien Gold Project in Québec's Abitibi region all intersected gold mineralization, with five returning grades and thicknesses consistent with existing mineral resources. Highlights include OB-25-337W13 with 90.60 g/t gold over 1.0 metre within 30.59 g/t Au over 3.0 metres and 9.14 g/t Au over 2.7 metres, OB-25-337W12 with 25.10 g/t Au over 1.5 metres, and OB-25-322W2 with 3.11 g/t Au over 8.0 metres. Of 74 holes in the 140,000-metre program, 61 have hit resource-consistent mineralization, an 82% success rate.
Drill results
20256 releases
Radisson Announces Exercise of Warrants
Gross proceeds of C$1,481,694.12 were received from the exercise of 5,487,756 class A share purchase warrants at $0.27 each, issued under a November 2023 private placement and expiring November 17, 2025, plus a further C$42,126.72 from the early exercise of 113,856 warrants at $0.37. Radisson said its treasury stood at approximately C$36 million at the end of October, funding a 140,000 metre step-out drill program at the O'Brien Gold Project in Québec. Some 5,430,431 warrants remain outstanding at $0.37, expiring between October 22 and October 29, 2026.
FinancingRadisson Step-Out Drilling at O’Brien Gold Project Intersects High-Grade Mineralization in Multiple Locations
Assay results from fifteen step-out drill holes at the 100%-owned O'Brien Gold Project in Québec's Abitibi region include OB-25-371W5 at 10.50 g/t gold over 6.5 metres, OB-25-376W1 at 9.16 g/t gold over 2.5 metres, and OB-24-337W11 at 7.00 g/t gold over 3.0 metres. Thirteen of the fifteen holes returned intercepts with grades and thicknesses consistent with existing mineral resources. The holes test areas between Trends #1 and #2 at 1,000 metres depth and below the historic mine workings, within an ongoing 140,000-metre drill program.
Drill resultsRadisson Expands Ongoing Step-Out Drill Program at O’Brien to 140,000 Metres
The ongoing step-out drill program at the O'Brien Gold Project in Québec will be expanded to 140,000 metres using up to eight rigs, up from four, continuing through 2026; this follows a recently completed $25 million financing. Roughly 35,000 metres of an original 50-60,000 metre program are expected by the end of 2025. The current resource stands at 0.58 million ounces indicated (2.20 Mt at 8.2 g/t Au) and 0.93 million ounces inferred (6.67 Mt at 4.4 g/t Au), with multiple updates anticipated.
Drill results