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
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