West-African Gold Exploration Company Closes First Tranche of Private Placement

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Business Nouvelles

Gold Exploration,Private Placement,Financing

A West-African gold exploration company announces the closing of the first tranche of its previously announced private placement. The net proceeds will be used for exploration of the Company's Todi gold project and for working capital purposes. The company also received TSX Venture Exchange approval to extend the closing of the Offering until January 30, 2025.

Friday, January 3, 2025 1:00 PM PST"), a West-African gold exploration company, is pleased to announce that, further to the Company's news release dated November 20, 2024, it has closed its first tranche of its previously announced private placement . The net proceeds of the First Tranche will be used for exploration of the Company's Todi gold project and for working capital purposes.") at a price of C$0.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended , or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom.

This news release includes certain"forward-looking statements" within the meaning of Canadian securities legislation.

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