ONYX Stock Recent News

Continuity of New Argus North Zone now demonstrated over 100 Vertical Meters Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce the first drill results of from the Company's 10,000-meter spring drill program (the "Program') at the Argus North Zone ("Argus North"), a newly identified gold zone located on its 100% owned Munro-Croesus Project ("Munro-Croesus" or the "Project"), 75 km east of Timmins, Ontario. Results are reported for two new step-out holes and the extension of two existing holes (Tables 1 and 2 and Figures 1 and 2).

Total Project Land Holdings Expanded to 109 km2 to cover Key Geological Real Estate Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) is pleased to announce that it has signed mineral property purchase and sale agreements (the "Purchase Agreements") with two separate arm's length private vendors through its wholly-owned subsidiary to acquire a 100% interest in the Munro property (the "Munro Property") and Hewitt property (the "Hewitt Property", and collectively with the Munro Property, the "Properties") located within and proximal to the company's 100% owned Munro-Croesus Project (the "Munro-Croesus Project" or the "Project"), 75 km east of Timmins, Ontario (Figure 1). These strategic acquisitions expand Onyx Gold's Munro-Croesus land package to 10,921 hectares (109 km²), further enhancing the Company's footprint and reinforcing its position as a leading gold explorer in the Timmins Camp.

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased provide an update on its ongoing exploration efforts at its 100%-owned Munro-Croesus Project ("Munro-Croesus" or the "Project"), located 75 km east of Timmins, Ontario (Figure 1). Following strong momentum from the early 2025 drill campaign, Onyx Gold has added a second drill rig in May to accelerate its fully funded ~10,000-metre Phase 1 drill program.

Vancouver, British Columbia--(Newsfile Corp. - June 6, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces closing of the second and final tranche of its previously announced non-brokered private placement (the "Private Placement"). Pursuant to the second tranche of the Private Placement, the Company issued 1,709,657 common shares that qualify as "flow-through shares" (within the meaning of subsection 66(15) of Income Tax Act (Canada) (the "Tax Act")) (the "FT Shares") at a price of $1.19 per FT Share for aggregate gross proceeds of approximately $2.03 million.

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") announces closing of the first tranche of its previously announced non-brokered private placement with a strategic investor (the "Private Placement") of 3,490,343 common shares of the Company ("Shares") at a price of $0.85 per Share for aggregate gross proceeds of approximately $3 million. The net proceeds of the first tranche of the Private Placement will be used by the Company for general corporate purposes.

Vancouver, British Columbia--(Newsfile Corp. - May 22, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") announces closing of its previously announced $8,038,000 "bought deal" private placement (the "Offering") of (a) 5,000,000 common shares of the Company that qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Tax Act (as defined below)) (the "Tranche 1 FT Shares") at a price of $1.00 per Tranche 1 FT Share for aggregate gross proceeds of $5,000,000, and (b) 3,100,000 common shares of the Company that qualify as "flow-through shares" (the "Tranche 2 FT Shares") at a price of $0.98 per Tranche 2 FT Share for aggregate gross proceeds of $3,038,000. The Offering was led by Cormark Securities Inc., together with Agentis Capital Markets Limited Partnership on behalf of a syndicate of underwriters (collectively, the "Underwriters").

Vancouver, British Columbia--(Newsfile Corp. - May 9, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce plans for a 10,000-meter Spring Drill Program (the "Program") at its Timmins, Ontario properties. The primary focus of the program is to follow-up on the recently reported Argus North discovery ("Argus North"), at the Company's 100% owned Munro-Croesus Project ("Munro-Croesus") located 75 km east of Timmins, Ontario (Figure 1).

Not for distribution to United States newswire services or for dissemination in the United States Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce that in connection with its previously announced $3,000,000 non-brokered private placement with a strategic investor (the "Concurrent Private Placement") and $5,000,000 "bought deal" private placement, the Company and Cormark Securities Inc., together with Agentis Capital Markets Limited Partnership on behalf of a syndicate of underwriters (collectively, the "Underwriters"), have agreed to add a second tranche of flow-through shares to the "bought deal" private placement, for aggregate gross proceeds of approximately $8,038,000 (the "Offering"). The Company expects aggregate gross proceeds of approximately $11,038,000 between both the Offering and Concurrent Private Placement.

Not for distribution to United States newswire services or for dissemination in the United States Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") announces today that it has entered into an agreement with Cormark Securities Inc. and and Agentis Capital Markets Limited Partnership, as co-lead underwriters on behalf of a syndicate of underwriters (collectively, the "Underwriters"), in connection with a "bought deal" private placement of 5,000,000 common shares of the Company that qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Tax (as defined below) (the "FT Shares") at a price of $1.00 per FT Share, for gross proceeds of $5,000,000 (the "Offering"). Concurrent with the Offering, the Company intends to complete a non-brokered private placement with a strategic investor, a large international gold mining company, of 3,490,343 common shares of the Company ("Non-FT Shares") a

Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces today the acceleration of the expiry of outstanding common share purchase warrants (the "Warrants") of the Company that were originally issued July 6, 2023 and amended January 29, 2025 (see news release, Jan 29, 2025). Out of the original 7,143,999 in total Warrants issued at an amended purchase price of $0.30, 3,419,111 Warrants have been recently exercised for total proceeds of $1,025,733, leaving 3,724,888 Warrants still outstanding.