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Goldplay Arranges and Closes $150,000 Private Placement at $0.15

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Goldplay Mining has successfully completed a non-brokered private placement, raising $150,000 by issuing 1,000,000 shares at $0.15 each. The offering, which does not incur any finders' fees, is pending approval from the Toronto Stock Exchange Venture. Shares are subject to a four-month hold period expiring on August 12, 2022. Goldplay Mining operates significant gold and copper-gold projects in British Columbia and Portugal, with potential for substantial mineral discoveries.

Positive
  • Successfully raised $150,000 through non-brokered private placement.
  • Issued 1,000,000 shares at $0.15 each without incurring any finders' fees.
  • Strong project portfolio in British Columbia's Golden Triangle and Portugal.
Negative
  • None.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC / ACCESSWIRE / April 11, 2022 / Goldplay Mining Inc. (TSXV:AUC)(OTCQB:AUCCF)(Frankfurt:9FY), (the "Company" or "Goldplay"),is pleased to announce that it has arranged and closed a non-brokered private placement of shares of the Company (the "Shares") for a total of $150,000.

The Company has issued a total of 1,000,000 Shares at a price of $0.15 per Shares, for gross proceeds of $150,000. The Company paid no finders' fees for this private placement.

All securities issued pursuant to the private placement are subject to a statutory hold period of four months plus one day expiring on August 12, 2022 in accordance with applicable Canadian securities laws.

The financing is subject to receiving the final approval of the Toronto Stock Exchange Venture.

About Goldplay Mining

Goldplay Mining is a Canadian public company listed on TSXV and in US on OTCQB. Goldplay holds large district scale gold, and copper-gold projects located in BC's Golden Triangle and southwestern BC with potential for world class mineral discoveries. The Company also holds several brownfield gold, and copper-gold projects located in Portugal with near term mining potential.

On behalf of the Board of Directors

"Catalin Kilofliski"

Catalin Kilofliski

President, CEO & Director

For further information please contact:

Goldplay Mining Inc.
Mr. Catalin Kilofliski, President & CEO
Suite 650 - 1021 West Hastings Street
Vancouver, BC V6E 0C3
T: (604) 655-1420
E: catalin@goldplaymining.ca
www.goldplaymining.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Goldplay Mining Inc.



View source version on accesswire.com:
https://www.accesswire.com/696939/Goldplay-Arranges-and-Closes-150000-Private-Placement-at-015

FAQ

What are the details of Goldplay Mining's private placement?

Goldplay Mining arranged a non-brokered private placement, raising $150,000 by issuing 1,000,000 shares at $0.15 each.

What is the significance of the share issuance for AUCCF investors?

The share issuance provides Goldplay with capital to further its gold and copper-gold projects, potentially impacting future growth.

What is the hold period for shares issued in the Goldplay Mining private placement?

The shares are subject to a four-month hold period, expiring on August 12, 2022.

What exchange approval is required for Goldplay Mining's private placement?

The financing is subject to final approval from the Toronto Stock Exchange Venture.

Where are Goldplay Mining's projects located?

Goldplay Mining has projects in British Columbia's Golden Triangle and Portugal.

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