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GoldInxs Mining Debuts on TSXV After Raising $1.54 Million in IPO

ENTHMSVIIDZHZH-TWJAKOHI
Jul 22, 20262 min read
GoldInxs Mining Debuts on TSXV After Raising $1.54 Million in IPO
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Background

GoldInxs Mining Corp. has completed its initial public offering and commenced trading on the TSX Venture Exchange under the ticker symbol INXS as of July 22, 2026. The company's shares were immediately halted as a procedural requirement, with trading expected to resume on or about July 24, 2026.

IPO Details

The offering consisted of 15,448,000 units priced at $0.10 per unit, raising gross proceeds of $1,544,800. Each unit is comprised of one common share and one-half of one common share purchase warrant.

Each whole warrant entitles the holder to acquire an additional common share at an exercise price of $0.20 for a period of 24 months. Haywood Securities Inc. acted as the sole agent for the IPO, receiving a cash commission of $123,584 and 1,235,840 broker warrants exercisable at $0.10 for 24 months, in addition to a $60,000 corporate finance fee paid in units.

Use of Proceeds and Exploration Plans

GoldInxs stated that the net proceeds from the offering will primarily fund exploration activities at its Fishpot Property in central British Columbia. The company plans to conduct an Induced Polarization survey in August, to be followed by a drill program of up to 2,000 metres.

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Funds will be allocated to a Phase 1 exploration program and a portion of a Phase 2 drilling program. The remaining proceeds are designated for listing costs, property maintenance, and general working capital. In addition to the Fishpot Property, the company also holds the Millar Property in British Columbia’s Golden Triangle region.

Capital Structure and Corporate Actions

Following the close of the IPO, GoldInxs Mining Corp. has 35,135,026 common shares issued and outstanding. The company also announced it has granted 2,000,000 stock options to its officers, directors, and consultants, which are exercisable at $0.10 per share for a term of five years.

Additionally, the company has entered into investor relations agreements with Investing News Network for a 12-month term at a cost of $48,000, and with Mayfair Media Operations Pty Ltd. on a month-to-month basis for CAD$3,890 per month.

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