Golden Lake Exploration Announces Financing
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) has announced a non-brokered private placement to raise up to $750,000. The company plans to issue up to 15 million units at $0.05 per unit. Each unit consists of one common share and one transferable share purchase warrant, exercisable at $0.07 per share for 36 months. The proceeds will be used to advance the company's Jewel Ridge gold property in Nevada and for general working capital. Shares issued will be subject to a four-month hold period, and finders' fees may be payable. Golden Lake Exploration is focused on acquiring, exploring, and developing precious and base metal properties, with a particular emphasis on its Jewel Ridge property.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ha annunciato un collocamento privato non intermediato per raccogliere fino a $750,000. La società prevede di emettere fino a 15 milioni di unità a $0.05 per unità. Ogni unità consiste in una azione comune e un warrant di acquisto trasferibile, esercitabile a $0.07 per azione per 36 mesi. I proventi saranno utilizzati per sviluppare la proprietà aurifera Jewel Ridge in Nevada e per il capitale di esercizio generale. Le azioni emesse saranno soggette a un periodo di blocco di quattro mesi, e potrebbero essere previsti compensi per i cercatori. Golden Lake Exploration si concentra sull'acquisizione, esplorazione e sviluppo di proprietà di metalli preziosi e base, con particolare enfasi sulla sua proprietà Jewel Ridge.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ha anunciado una colocación privada no intermedia para recaudar hasta $750,000. La compañía planea emitir hasta 15 millones de unidades a $0.05 por unidad. Cada unidad consta de una acción común y un warrant de compra transferible, ejercitable a $0.07 por acción durante 36 meses. Los ingresos se utilizarán para avanzar en la propiedad de oro Jewel Ridge en Nevada y para capital de trabajo general. Las acciones emitidas estarán sujetas a un período de restricción de cuatro meses, y puede haber comisiones para los buscadores. Golden Lake Exploration se centra en adquirir, explorar y desarrollar propiedades de metales preciosos y básicos, con un énfasis particular en su propiedad Jewel Ridge.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF)는 $750,000까지 자금을 모으기 위한 비유통 전환금을 발표했습니다. 이 회사는 15백만 개 유닛을 개당 $0.05에 발행할 계획입니다. 각 유닛은 하나의 보통주와 하나의 양도 가능한 주식 매입에 대한 워런트로 구성되며, $0.07로 36개월 동안 행사할 수 있습니다. 수익금은 네바다의 Jewel Ridge 금 자산을 개발하는 데 사용되며 일반 운영 자본에 사용됩니다. 발행된 주식은 4개월의 보유 기간에 따라 제한을 받으며, 찾는 사람들에게 수수료가 지불될 수 있습니다. Golden Lake Exploration은 귀금속 및 기초 금속 자산의 인수, 탐사 및 개발에 집중하고 있으며, 특히 Jewel Ridge 자산에 중점을 두고 있습니다.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) a annoncé un placement privé non intermédié pour lever jusqu'à $750,000. La société prévoit d'émettre jusqu'à 15 millions d'unités à $0.05 par unité. Chaque unité se compose d'une action ordinaire et d'un bon de souscription transférable, exerçable à $0.07 par action pendant 36 mois. Les fonds seront utilisés pour avancer la propriété aurifère Jewel Ridge dans le Nevada et pour le fonds de roulement général. Les actions émises seront soumises à une période de blocage de quatre mois, et des frais de recherche peuvent être payables. Golden Lake Exploration se concentre sur l'acquisition, l'exploration et le développement de propriétés de métaux précieux et de base, avec un accent particulier sur sa propriété Jewel Ridge.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu $750,000 zu sammeln. Das Unternehmen plant, bis zu 15 Millionen Einheiten zu einem Preis von $0.05 pro Einheit auszugeben. Jede Einheit besteht aus einer Stammaktie und einer übertragbaren Kaufoptionsschein, der zu $0.07 pro Aktie für 36 Monate ausgeübt werden kann. Die Einnahmen werden verwendet, um die Jewel Ridge Gold-Property in Nevada weiterzuentwickeln und für allgemeine Betriebsmittel. Ausgegebene Aktien unterliegen einer viermonatigen Haltedauer, und Findergebühren können anfallen. Golden Lake Exploration konzentriert sich auf den Erwerb, die Erkundung und die Entwicklung von Edel- und Basismetallgrundstücken, mit besonderem Augenmerk auf ihr Jewel Ridge-Objekt.
- Raising up to $750,000 in new capital
- Proceeds to be used for advancing Jewel Ridge gold property
- 36-month warrant exercise period provides potential for additional future funding
- Potential dilution for existing shareholders due to new share issuance
- Low unit price of $0.05 may indicate challenging market conditions or low investor confidence
VANCOUVER, BC / ACCESSWIRE / September 5, 2024 / Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ("GLM" or the "Company") announces that it has arranged a non-brokered private placement of up to 15 million units ("Units") at a price of
Shares issued pursuant to the Financing will be subject to a four-month hold period according to applicable securities laws of Canada.
Finders' fees may be payable on the private placement, subject to the policies of the Canadian Securities Exchange.
About Golden Lake Exploration Inc.
Golden Lake Exploration Inc. is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.
ON BEHALF OF THE BOARD
"Mike England"
Mike England, CEO&DIRECTOR
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
TollFree:1-888-945-4770
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: Golden Lake Exploration Inc.
View the original press release on accesswire.com
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