Golden Lake Exploration Financing Fully Subscribed
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) announces that its recently announced private placement is now fully subscribed. The non-brokered offering consists of 15 million units at $0.05 per unit, aiming to raise $750,000 in gross proceeds. Each unit includes one common share and one transferable warrant, exercisable at $0.07 for 36 months. The funds will be used to advance the Jewel Ridge gold property in Nevada and for working capital. CEO Mike England expressed satisfaction with the response and stated that drilling is expected to commence by the end of September. The shares will be subject to a four-month hold period, and finder's fees may be payable.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) annuncia che la sua recente offerta di collocamento privato è ora completamente sottoscritta. L'offerta non mediata consiste di 15 milioni di unità a $0.05 per unità, con l'obiettivo di raccogliere $750.000 in proventi lordi. Ogni unità include una azione comune e un warrant trasferibile, esercitabile a $0.07 per 36 mesi. I fondi saranno utilizzati per sviluppare la proprietà aurifera Jewel Ridge in Nevada e per il capitale circolante. Il CEO Mike England ha espresso soddisfazione per la risposta ricevuta e ha dichiarato che le perforazioni dovrebbero iniziare entro la fine di settembre. Le azioni saranno soggette a un periodo di blocco di quattro mesi, e potrebbero essere previsti compensi per i mediatori.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) anuncia que su reciente colocación privada está ahora completamente suscrita. La oferta no mediada consiste en 15 millones de unidades a $0.05 por unidad, con el objetivo de recaudar $750,000 en ingresos brutos. Cada unidad incluye una acción común y un warrant transferible, ejercitable a $0.07 por 36 meses. Los fondos se utilizarán para desarrollar la propiedad de oro Jewel Ridge en Nevada y para capital de trabajo. El CEO Mike England expresó su satisfacción con la respuesta y declaró que se espera que la perforación comience a finales de septiembre. Las acciones estarán sujetas a un período de retención de cuatro meses, y se pueden pagar comisiones a los intermediarios.
골든 레이크 탐사 주식회사 (CSE:GLM)(OTCQB:GOLXF)는 최근 발표한 사모 배급이 이제 완전히 완료되었다고 발표했습니다. 중개인 없이 진행되는 이 제안은 1500만 개의 유닛을 유닛당 $0.05에 구성하며, 총 $750,000의 수익을 목표로 하고 있습니다. 각 유닛은 하나의 보통주와 양도 가능한 워런트를 포함하며, $0.07에 36개월 동안 행사 가능합니다. 이 자금은 네바다의 쥬얼 리지 금 자산 개발과 운영 자본으로 사용됩니다. CEO 마이크 잉글랜드는 반응에 대한 만족을 표현했으며 9월 말까지 시추가 시작될 것으로 예상된다고 밝혔습니다. 주식은 4개월의 보유 기간에 적용되며, 중개 수수료가 발생할 수 있습니다.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) annonce que son placement privé récemment annoncé est désormais entièrement souscrit. L'offre non médiée se compose de 15 millions d'unités à 0,05 $ l'unité, visant à lever 750 000 $ de revenus bruts. Chaque unité comprend une action ordinaire et un bon de souscription transférable, exerçable à 0,07 $ pendant 36 mois. Les fonds seront utilisés pour faire avancer la propriété aurifère de Jewel Ridge au Nevada et pour le fonds de roulement. Le PDG Mike England a exprimé sa satisfaction quant à la réponse et a déclaré que les forages devraient commencer d'ici la fin septembre. Les actions seront soumises à une période de blocage de quatre mois, et des frais de courtage pourraient être dus.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) gibt bekannt, dass die kürzlich angekündigte Privatplatzierung jetzt vollständig gezeichnet ist. Das nicht vermittelte Angebot besteht aus 15 Millionen Einheiten zu je $0,05, mit dem Ziel, $750.000 an Bruttoerlösen zu erzielen. Jede Einheit umfasst eine Stammaktie und einen übertragbaren Optionsschein, der zu $0,07 für 36 Monate ausgeübt werden kann. Die Mittel sollen zur Förderung des Goldvorkommens Jewel Ridge in Nevada und für das Betriebskapital verwendet werden. CEO Mike England äußerte sich zufrieden über die Resonanz und erklärte, dass die Bohrungen voraussichtlich bis Ende September beginnen sollen. Die Aktien unterliegen einer Haltefrist von vier Monaten, und Findergebühren könnten anfallen.
- Successful full subscription of the private placement
- Raised $750,000 in gross proceeds
- Funds allocated for advancing Jewel Ridge gold property and working capital
- Drilling expected to commence by the end of September
- Potential dilution of existing shareholders due to new share issuance
- Four-month hold period on newly issued shares
VANCOUVER, BC / ACCESSWIRE / September 6, 2024 / Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ("GLM" or the "Company") reports that the private placement announced on September 5th, 2024, is now fully subscribed. The financing arranged is a non-brokered private placement of up to 15 million units ("Units") at a price of
"We are very pleased with the reaction to our financing announcement. These funds enable us to drill the first phase of high priority holes on our Jewel Ridge project in Nevada. We expect drilling to commence at the end of this month and will issue a press release confirming details once this financing closes at the end of next week." stated Mike England, CEO of Golden Lake.
Shares issued pursuant to the Financing will be subject to a four-month hold period according to applicable securities laws of Canada.
Finder's 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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