Provenance Gold Closes Over-Subscribed Private Placement
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) has successfully closed the final tranche of its non-brokered private placement, raising gross proceeds of $1,466,500. The offering was over-subscribed, demonstrating strong investor interest. The company issued 18,331,250 units at $0.08 per unit, with each unit comprising one common share and one share purchase warrant. The warrants are exercisable at $0.12 until October 9, 2027.
In connection with the closing, Provenance paid $12,810 and issued 160,125 warrants to arms-length brokerage firms. Securities issued are subject to resale restrictions until February 10, 2025. CEO Rauno Perttu emphasized the importance of aligning with strategic investors to advance the company's gold exploration projects in stable jurisdictions.
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) ha chiuso con successo l'ultima tranche del suo collocamento privato non mediato, raccogliendo proventi lordi di $1.466.500. L'offerta è stata sovrascritta, dimostrando un forte interesse da parte degli investitori. L'azienda ha emesso 18.331.250 unità a $0,08 per unità, con ciascuna unità costituita da un'azione ordinaria e un warrant di acquisto azioni. I warrant sono esercitabili a $0,12 fino al 9 ottobre 2027.
In relazione alla chiusura, Provenance ha pagato $12.810 ed emesso 160.125 warrant a società di intermediazione di mercato. I titoli emessi sono soggetti a restrizioni di rivendita fino al 10 febbraio 2025. Il CEO Rauno Perttu ha sottolineato l'importanza di allinearsi con investitori strategici per far progredire i progetti di esplorazione dell'oro dell'azienda in giurisdizioni stabili.
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) ha cerrado con éxito la última tranche de su colocación privada no mediada, recaudando ingresos brutos de $1,466,500. La oferta fue sobresuscrita, demostrando un fuerte interés por parte de los inversores. La empresa emitió 18,331,250 unidades a $0.08 por unidad, donde cada unidad comprende una acción ordinaria y un warrant de compra de acciones. Los warrants son ejercitables a $0.12 hasta el 9 de octubre de 2027.
En relación con el cierre, Provenance pagó $12,810 y emitió 160,125 warrants a firmas de corretaje independientes. Los valores emitidos están sujetos a restricciones de reventa hasta el 10 de febrero de 2025. El CEO Rauno Perttu enfatizó la importancia de alinearse con inversores estratégicos para avanzar en los proyectos de exploración de oro de la empresa en jurisdicciones estables.
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF)는 중개자 없는 사모 배치의 마지막 분할을 성공적으로 마감하며 전체 수익 $1,466,500을 모금했습니다. 이 제안은 과다 청약을 받았으며, 투자자들의 강한 관심을 보여주었습니다. 회사는 18,331,250 단위를 각각 $0.08에 발행했으며, 각 단위는 보통주 1주와 주식 매수권 1개로 구성되어 있습니다. 이 매수권은 2027년 10월 9일까지 $0.12에 행사할 수 있습니다.
마감과 관련하여, Provenance는 $12,810을 지급하고 160,125 개의 매수권을 발행했습니다 독립 중개업체에. 발행된 증권은 2025년 2월 10일까지 재판매 제한을 받습니다. CEO Rauno Perttu는 안정적인 관할권에서 회사의 금 탐사 프로젝트를 발전시키기 위해 전략적 투자자와의 협력이 중요하다고 강조했습니다.
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) a réussi à finaliser la dernière tranche de son placement privé non intermédié, levant des produits bruts de 1.466.500 $. L'offre a été surdemandée, témoignant d'un fort intérêt de la part des investisseurs. La société a émis 18.331.250 unités à 0,08 $ par unité, chaque unité comprenant une action ordinaire et un bon de souscription d'actions. Les bons peuvent être exercés à 0,12 $ jusqu'au 9 octobre 2027.
En lien avec la clôture, Provenance a payé 12.810 $ et a émis 160.125 bons à des sociétés de courtage indépendantes. Les titres émis sont soumis à des restrictions de revente jusqu'au 10 février 2025. Le PDG Rauno Perttu a souligné l'importance de s'aligner avec des investisseurs stratégiques pour faire avancer les projets d'exploration aurifère de l'entreprise dans des juridictions stables.
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) hat erfolgreich die letzte Tranche seiner nicht vermittelte Privatplatzierung abgeschlossen und dabei brutto Erlöse von 1.466.500 $ erzielt. Die Angebot war überzeichnet, was das starke Interesse der Investoren zeigt. Das Unternehmen hat 18.331.250 Einheiten zu einem Preis von 0,08 $ pro Einheit ausgegeben, wobei jede Einheit aus einer Stammaktie und einem Kaufwarrant besteht. Die Warrants können bis zum 9. Oktober 2027 zu 0,12 $ ausgeübt werden.
Im Zusammenhang mit dem Abschluss zahlte Provenance 12.810 $ und gab 160.125 Warrants an unabhängige Maklerfirmen aus. Die ausgegebenen Wertpapiere unterliegen bis zum 10. Februar 2025 einem Verkaufsverbot. CEO Rauno Perttu betonte die Bedeutung der Zusammenarbeit mit strategischen Investoren, um die Goldexplorationsprojekte des Unternehmens in stabilen Rechtsordnungen voranzutreiben.
- Raised $1,466,500 in gross proceeds from an over-subscribed private placement
- Issued 18,331,250 units at $0.08 per unit, including share purchase warrants exercisable at $0.12
- Strong investor interest demonstrated by over-subscription of the offering
- Aligned with strategic investors sharing the company's long-term vision
- Dilution of existing shareholders due to issuance of 18,331,250 new units
- Payment of $12,810 and issuance of 160,125 warrants as fees to brokerage firms
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce that it has closed the final tranche (the "Final Tranche") of its previously announced non-brokered private placement (the "Offering") for gross proceeds of
Upon closing of the Final Tranche, the Company issued 18,331,250 units (each, a "Unit") at a price of
In connection with closing of the Final Tranche, the Company paid
"With our projects continuing to advance, our goal as a Company was to extend our reach into the investment community and in particular to align ourselves with strategic investors that share our vision for the long-term viability of our projects. We believe the strategic investors we have brought into this round will be critical to helping us achieve our vision of fast-tracking our gold exploration projects, which benefit from stable jurisdictions with established infrastructure and accessibility. We would like to thank our current shareholders for their continued support and welcome our new investors," Rauno Perttu, Provenance's CEO stated.
About Provenance Gold Corp.
Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver mineralization within North America. The Company currently holds interests in eastern Oregon, and Nevada, USA.
Provenance is also active on social media and invites investors to follow us on X to stay up to date with our latest news and developments: https://x.com/ProvenanceGold.
For further information please visit the Company's website at https://provenancegold.com or contact:
Rauno Perttu, CEO
rkperttu@provenancegold.com
1-541-930-0986
On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chief Executive Officer
Safe Harbor Statement: Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy or accuracy of this press release. This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226357
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