
Chesapeake Gold ANNOUNCES CLOSING OF $17.2 MILLION BOUGHT DEAL PUBLIC OFFERING (OVER-ALLOTMENT OPTION EXERCISED IN FULL) and $2.8 Million non-brokered private placement with participation by eric sprott
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia – January 27, 2026 – Chesapeake Gold Corp. (TSXV:CKG) (“Chesapeake” or the “Company”) is pleased to announce that it has closed its previously announced bought deal public offering (the “Brokered Offering”) of 4,107,225 units of the Company (the “Units”) at a price of $4.20 per Unit (the “Issue Price”) for aggregate gross proceeds of $17,250,345, which includes the full exercise of the over‑allotment option. Each Unit consists of one common share of the Company (each, a “Common Share”) and one-half of one Common Share purchase warrant (each full warrant, a “Warrant”). Each