# Dios Exploration Launches $600,005 Flow-Through Placement for Heberto-Gold Drilling

> Dios Exploration is raising up to $600,005 through a non-brokered flow-through private placement to fund diamond drilling at its Heberto-Gold property in Quebec.

- Published: 2026-10-21T00:53:53+00:00
- Section: Funding
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-21/dios-exploration-private-placement-heberto-gold
- Source: [TradingView](https://www.tradingview.com/news/tmx_newsfile:3114c5ba8094b:0-dios-private-placement/)

## Key takeaways

- Dios Exploration is undertaking a non-brokered private placement of up to $600,005 at $0.035 per unit.
- The placement could issue 17,143,000 flow-through common shares, each with a half-warrant exercisable at $0.05 for two years.
- Proceeds will fund diamond drilling of Heberto-Gold extents on the wholly-owned, road-accessible Au33 property in James Bay, Quebec.
- Historical drilling at Heberto-Gold returned 4.79 g/t Au over 8.65 m in hole 2015-1.

Dios Exploration Inc. is undertaking a non-brokered private placement of up to $600,005 at $0.035 per unit, the company said in a [TradingView](https://www.tradingview.com/news/tmx_newsfile:3114c5ba8094b:0-dios-private-placement/) report. The placement could issue 17,143,000 flow-through common shares, each accompanied by a half-warrant, with one whole warrant entitling its holder to subscribe for one common share at $0.05 per share for two years.

## How the Dios Placement Is Structured

[Dios Exploration](https://akta.pro/company-profiles/0006es2/dios-exploration) said proceeds from the placement will fund diamond drilling of Heberto-Gold extents on the wholly-owned, road-accessible Au33 property in James Bay, Quebec. The company said the Heberto Gold system remains open in strike extent, including towards Bonano gold-in-soil anomalies and showing.

Dios said historical results at the property include 4.79 g/t Au over 8.65 m within 2.13 g/t Au over 22.9 m in hole 2015-1, and 3.65 g/t Au over 13 m in hole 2016-19 within 1.21 g/t Au over 64 m. The company also cited 2 g/t gold over 22 m in hole 2015-9 and 1.8 g/t gold over 18.45 m in hole 10, referencing its October 14, 2026 and October 23, 2024 releases.

Dios said the Heberto-Gold system sits within a five-by-eight km highly anomalous gold-in-outcrop area, 50 km south of the Eleonore gold mine and 20 km west of the Clearwater gold deposit. Marie-Jose Girard, M.Sc., PGeo, 43-101 qualified person, approved the release.

## Dios Funding and Drilling Records

According to akta.pro [company records](https://akta.pro/company-data), Dios closed a previously announced $650,000 non-brokered private placement in May 2026, with multiple tranches at $0.04 per unit with half-warrants, to fund diamond drilling at the wholly-owned Heberto-Gold discovery on Au33. The same records list a 2026-03 post-IPO equity round of $473,399, a 2025-04 post-IPO equity round of $144,573, a 2020-09 post-IPO equity round of $1.1 million and a 2020-03 post-IPO equity round of $1 million, across seven funding rounds on record.

| Funding round | Amount |
| --- | --- |
| 2026-03 post-IPO equity | $473,399 |
| 2025-04 post-IPO equity | $144,573 |
| 2020-09 post-IPO equity | $1.1 million |
| 2020-03 post-IPO equity | $1 million |

## Drilling That Led to the Placement

Dios completed a 2026 drilling campaign at its Au33 Project in Quebec, expanding the Heberto gold-mineralized footprint from 600 meters to 900 meters along strike, [Aktien](https://akta.pro/research-library) reported on October 14, 2026. In June 2026, Dios said it had completed 2,024 metres of diamond drilling on the AU33 property in May, targeting Heberto Gold extents, with mineralized silicified altered potassic shear zones intercepted in most holes and core sent for assaying, according to Newsfile. Dios closed the last tranche of $142,000 of its $650,000 private placement in May 2026, issuing 3,550,000 flow-through units at $0.04 each, Newsfile reported.

## What Comes Next for Dios

Dios said the placement is for a maximum of $600,005 at $0.035 per unit, with 17,143,000 flow-through common shares issuable and each share accompanied by a half-warrant. The company's own [announcement](http://diosexplo.com) states the use of proceeds is diamond drilling of Heberto-Gold extents on the Au33 property.

## Companies in this story

- [DIOS EXPLORATION company profile](https://akta.pro/company-profiles/0006es2/dios-exploration) · website: http://diosexplo.com

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