K9 Gold changing name to Americore Resources

K9 Gold Corp. [KNC-TSXV, WDFCF-OTCQB, 5GP0-FSE] said it will change its name to Americore Resources Corp., a move that is expected to take effect on November 18, 2025.

At the opening of trading on that date, the common shares will commence trading on the TSX Venture Exchange under the new name and new trading symbol AMCO. The share capital of the company remains the same and shareholders are not required to exchange their existing share certificates for new share certificates bearing the company’s new name.

K9 shares were unchanged Friday at 26.5 cents. The shares trade in a 52-week range of 53 cents and $0.075.

K9 is focused on exploration and development of mineral properties in North Americas. The company’s primary asset is the Trinity Silver Project in Pershing County, Nevada, which covers approximately 14,235 acres of owned and leased land, hosting a historic open-pit, heap-leach silver operation.

In a press release on October 2, 2025, K9 announced details of a non-brokered private placement financing of up to 10 million units priced at 25 cents each for total proceeds of $2.5 million (subsequently reduced to$1.25 million).  The company said each unit would consist of one common share and one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of 35 cents per share for 24 months from the closing date.

Net proceeds of the private placement will be used to advance exploration at the Trinity Silver Project. On September 16, 2025, K9 said it had into an exploration agreement and an option to purchase and sales deal with Newmont USA Ltd, a unit of Newmont Corp. [NEM-NYSE, ASX, PNGX]. regarding the Trinity project. The agreement states that Newmont will sell, assign, transfer, convey and deliver to K9 all of its rights, title, interest and obligations to both the owned properties and the leased properties. The payment for the purchase is a one-time payment of US$350,000, and the issuance to Newmont of 700,000 common shares of K9. The agreement is subject to a mineral production royalty at a rate of 2.0% net smelter return. K9 can purchase one half of the royalty for $3.5 million at any time prior to commercial production.

U.S. Borax and Chemical and a joint venture partner recovered about 5.0 million ounces of silver from the property in the late 1980s.

In a press release on October 8, 2025, K9 said had entered into an agreement with Sokoman Minerals Corp. [SIC-TSXV, SICNF-OTCQB] regarding the company’s interest in the Stony Lake property in central Newfoundland.

The agreement granted Sokoman  the right to acquire the property by issuing to K9 1.5 million shares of Sokoman.

In conjunction with this transaction, K9 said it has reduced the size of the previously announced private placement from $2.5 million to $1.25 million. The company said the reduction reflects its decision to redirect its exploration focus to the Trinity Silver project.