Company Closes First Tranche of Non-Brokered Financing

  • 📰 mining
  • ⏱ Reading Time:
  • 43 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 53%

Finance News

Company,Financing,Non-Brokered

The Company has closed a first tranche of their non-brokered financing, issuing 53,015,112 units for gross proceeds of $3,711,058.

Friday, April 12, 2024 3:08 PM PDT") reports that pursuant to their news release dated February 27, 2024, the Company has closed a first tranche of their non-brokered financing issuing an aggregate 53,015,112 units for gross proceeds of $3,711,058. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant .

Finders received 7% cash and 7% non-transferable broker warrants exercisable at $0.17 for two years and are subject to acceleration provisions. Finders are Canaccord Genuity Corp. , Echelon Securities , Haywood Securities Inc. , RBC Dominion Securities Inc. , Research Capital Corporation , Richardson Wealth and Viking Infrastructure Systems Limited .

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information.

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**SolGold reaches deal with Ecuador on Cascabel development, financing

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 449. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump Media stock closes 21% lower after company reports $58 million loss for 2023Trump Media, whose majority shareholder is former President Donald Trump, “expects to incur operating losses for the foreseeable future,” the filing…
Source: NBCDFW - 🏆 288. / 63 Read more »

YouTuber Dunkey’s publishing company is releasing its first game on May 9Lawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.
Source: engadget - 🏆 276. / 63 Read more »