Psyence Group Announces GoldCoast Resource Closes Second Tranche of Offering
GoldCoast has completed a brokered private placement raising $5.8 million, meeting a key condition for its proposed amalgamation with Psyence.
GoldCoast has completed a brokered private placement raising $5.8 million, meeting a key condition for its proposed amalgamation with Psyence.
GoldCoast has completed a brokered private placement raising $5.8 million, meeting a key condition for its proposed amalgamation with Psyence.
Psyence Group Inc. has entered into an Amending Agreement with GoldCoast Resource Corp. to revise the previously announced November 2025 Amalgamation Agreement.
Psyence Group Inc. (CSE: PSYG) has announced that its proposed reverse takeover target, GoldCoast Resource Corp., has been granted ten contiguous offshore reconnaissance licenses by Ghana’s Minerals Commission. Covering roughly 10,000 square kilometres along Ghana’s western offshore continental shelf, the licenses allow GoldCoast to begin early-stage reconnaissance work under Ghanaian mining regulations, with an initial 12-month term and renewal options. Psyence and GoldCoast also confirmed they are continuing to progress their proposed transaction, which remains subject to customary regulatory, technical disclosure, financial, shareholder, and Canadian Securities Exchange approval requirements.
Psyence Group Inc. has entered into a definitive amalgamation agreement (the “Agreement”) dated November 21, 2025 with GoldCoast Resource Corp. (“GoldCoast”) and Psyence Therapeutics Corp., a wholly owned subsidiary of Psyence (“Psyence Subco”).
Psyence Group Inc. (CSE: PSYG) ("Psyence" or the "Company"), announces that it granted an aggregate of 721,448 restricted share units (each an "RSU") to certain executives, officers, directors and consultants of the Company pursuant to the Company’s Amended and Restated Restricted Share Unit Plan, of which one third vests six months after the grant date, another one third after twelve months and the remaining balance after eighteen months.
Psyence Group Inc. (CSE: PSYG) ("Psyence" or the "Company"), announces that it has entered into a letter of intent (the "LOI") to acquire all of the issued and outstanding securities and securities convertible into securities of GoldCoast Resource Corp. (the "Target" or "GoldCoast"), a corporation existing under the laws of Ontario (the "Acquisition").The Acquisition constitutes a "Change of Business" under the Canadian Securities Exchange ("CSE") policies.
TORONTO, ONTARIO, July 7, 2025 – Psyence Group Inc. (CSE: PSYG) (“Psyence” or the “Company”), is pleased to announce that it has successfully closed the second tranche (“Tranche 2”) of its previously announced non‑brokered private placement (the “Offering”), relying on the accredited investor exemption under section 2.3 of National Instrument 45-106 — Prospectus Exemptions.
Pursuant to the Offering, the Company has raised gross proceeds of C$600,000 split into two tranches. Tranche 1 closed today, and the Company has issued an aggregate of 4,760,000 Common Shares at a price of C$0.10 per Common Share for gross proceeds of C$476,000. Tranche 2 is anticipated to close on or about July 4, 2025 for the remaining gross proceeds of C$124,000. The Offering was originally announced on June 18, 2025. The net proceeds of the Offering will be used for general working capital purposes.
Psyence Group Inc are pleased to announce an offering of a non-brokered private placement (the “Offering”) of up to 6,000,000 common shares of the Company (the “Common Shares”) at a price of C$0.10 per Common Share for gross proceeds of up to C$600,000. No finder’s fees or commissions will be payable in connection with the Offering.