U.S. GOLD CORP. TO PARTICIPATE IN 121 MINING INVESTMENT CONFERENCE IN LONDON, UNITED KINGDOM
Conference Participation: U.S. Gold Corp. will participate in the 121 Mining Investment Conference in London on November 17-18, 2025, with key representatives scheduled for one-on-one meetings.
CK Gold Project Update: The CK Gold Project in Wyoming, an advanced-stage gold-copper deposit, has completed a Pre-Feasibility Study and is set for feasibility-level advancement in 2025, highlighting its potential for economic benefits and domestic metal production.
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- Stock Price Surge: U.S. Gold Corp (USAU) shares rose approximately 7% to around $22 on Friday afternoon as investors chase record gold prices, with spot gold hovering near $4,987 per ounce, just below this week's all-time highs.
- Project Economic Potential: As USAU remains in pre-production, a 2025 pre-feasibility study indicates its CK Gold Project in Wyoming could yield about 110,000 gold-equivalent ounces annually at all-in sustaining costs near $937 per ounce, suggesting substantial profit margins at current gold prices.
- Surging Gold Demand: Goldman Sachs projects gold prices could reach $5,400 by late 2026, with private wealth becoming a structural buyer, which enhances the economics of the CK project, improves financing conditions, and increases the attractiveness of exploration assets in Nevada and Idaho.
- Strong Market Momentum: Benzinga Edge rankings show USAU with extremely strong momentum (96.60) and a positive price trend across short-, medium-, and long-term horizons, indicating sustained investor confidence in the stock.
- Financing Scale: U.S. Gold Corp. successfully closed a private placement, issuing 1,922,159 shares at $16.25 each, resulting in total gross proceeds of approximately $31.2 million, thereby strengthening its capital base for future development.
- Shareholder Expansion: The financing attracted new shareholders including Franklin Templeton Investments, Mackenzie Investments, and Libra Advisors, further diversifying the shareholder base and enhancing market confidence.
- Use of Proceeds: The company intends to utilize the net proceeds for initial development costs at the CK Gold Project, potential land acquisitions, and further exploration activities, thereby advancing project progress and enhancing resource reserves.
- Market Reaction: The offering price represents a 4% discount to the closing price on December 15, indicating a cautious market sentiment regarding the company's future, while also reflecting the volatility in the current metals market.
- Successful Financing: U.S. Gold Corp. has successfully closed a private placement, issuing 1,922,159 shares of common stock at $16.25 per share, resulting in total gross proceeds of approximately $31.2 million, thereby strengthening the company's capital base for future development.
- Shareholder Expansion: The financing attracted new shareholders including Franklin Templeton Investments, Mackenzie Investments, and Libra Advisors, further diversifying the company's shareholder base and enhancing market credibility.
- Clear Use of Proceeds: The company intends to use the net proceeds for initial development costs at the CK Gold Project, potential land acquisitions, and further exploration activities, thereby driving project advancement and enhancing future profitability.
- Positive Market Response: The offering price reflects a 4% discount to the closing price on December 15, yet remains above the 30-day and 20-day volume weighted average prices, indicating market confidence in the company's future growth prospects.

Private Placement Details: U.S. Gold (USAU) closed a private placement, issuing 1.92 million common shares at $16.25 each, along with warrants for 961,077 shares, raising approximately $31.2 million in gross proceeds.
Use of Proceeds: The funds will be allocated for the initial development of the CK Gold Project, potential land acquisitions, exploration activities, and general working capital.
Warrant Information: The warrants are immediately exercisable at $23 per share and will expire two years from the date of issuance.
Market Reaction: Following the announcement, USAU shares fell by 8% in premarket trading on Tuesday.
- Conference Participation: U.S. Gold Corp. will showcase its latest developments in gold and copper exploration at the Mines & Money @ Resourcing Tomorrow conference in London from December 2-4, 2025, at booth A08.
- Executive Presentation: President & CEO George Bee is scheduled to deliver a corporate presentation on December 2 at 14:10, which is expected to attract investor interest and enhance the company's visibility.
- Team Engagement: The U.S. Gold team will be available for one-on-one meetings during the conference, aiming to strengthen connections with potential investors and showcase the prospects of its CK Gold Project.
- Project Progress: The Preliminary Feasibility Study for the CK Gold Project has been completed by Samuel Engineering Inc., which is anticipated to provide crucial support for the company's future development plans.










