GoldInxs Mining Completes $1.54 Million IPO, Lists on TSX Venture Exchange

GoldInxs Mining Corp. has completed its initial public offering, raising gross proceeds of $1.54 million, and has listed its common shares on the TSX Venture Exchange. According to a company press release, the stock will trade under the ticker symbol "INXS."

Offering Details

The IPO consisted of the sale of 15,448,000 units at a price of $0.10 per unit. Each unit is composed of one common share and one-half of one common share purchase warrant.

Each whole warrant entitles the holder to purchase one additional common share at an exercise price of $0.20 for a period of 24 months from the date of issuance. Following the closing of the offering, GoldInxs has 35,135,026 common shares issued and outstanding.

Use of Proceeds and Exploration Plans

The company stated that the net proceeds will primarily fund exploration at its Fishpot Property, located in central British Columbia. The capital is designated for a Phase 1 exploration program and a portion of a subsequent Phase 2 drilling program of up to 2,000 metres.

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In preparation for drilling, GoldInxs plans to conduct an Induced Polarization survey in August. Remaining funds will be allocated to cover listing costs, property maintenance, and general working capital.

Market Debut and Underwriter Details

The common shares were listed on the TSX Venture Exchange on July 22, 2026, and were immediately halted as a standard procedural requirement for new listings. The company anticipates that trading will resume on or about July 24, 2026.

Haywood Securities Inc. acted as the sole agent for the IPO. The agent received a cash commission of $123,584, a $60,000 corporate finance fee paid in units, and 1,235,840 broker warrants exercisable at $0.10 per share for 24 months. Additionally, the company granted 2,000,000 stock options to its officers, directors, and consultants, exercisable at $0.10 per share for five years.