Canadian Gold Corp. Closes First Tranche of Financing
Canadian Gold Corp. (TSXV: CGC) has announced the initial closing of its private placement offering's first tranche. The company issued 2,631,579 flow-through shares at $0.19 per share, raising gross proceeds of $500,000. The company paid $12,000 in finders fees to eligible finders, and all securities are subject to a four-month hold period. The proceeds will be used for Canadian Exploration Expenditures (CEE) on the company's Canadian exploration projects.
Canadian Gold Corp. (TSXV: CGC) ha annunciato la chiusura iniziale della prima tranche della sua offerta di collocamento privato. L'azienda ha emesso 2.631.579 azioni flow-through a $0,19 per azione, raccogliendo proventi lordi di $500.000. L'azienda ha pagato $12.000 di commissioni ai promotori idonei, e tutti i titoli sono soggetti a un periodo di blocco di quattro mesi. I proventi saranno utilizzati per le Spese di Esplorazione Canadese (CEE) sui progetti di esplorazione canadese dell'azienda.
Canadian Gold Corp. (TSXV: CGC) ha anunciado el cierre inicial de la primera tranche de su oferta de colocación privada. La compañía emitió 2,631,579 acciones flow-through a $0.19 por acción, recaudando ingresos brutos de $500,000. La compañía pagó $12,000 en comisiones a los agentes elegibles, y todos los valores están sujetos a un período de retención de cuatro meses. Los ingresos se utilizarán para Gastos de Exploración Canadiense (CEE) en los proyectos de exploración canadiense de la empresa.
캐나다 골드 코프(Canadian Gold Corp.)(TSXV: CGC)가 자사의 사모펀드 첫 번째 분할모집의 초기 마감을 발표했습니다. 회사는 2,631,579개의 흐름통과 주식을 주당 $0.19에 발행하여 $500,000의 총 수익을 올렸습니다. 회사는 적격 중개인에게 $12,000의 수수료를 지급했으며, 모든 증권은 4개월의 보유기간을 둡니다. 수익은 회사의 캐나다 탐사 프로젝트에 대한 캐나다 탐사비용(CEE)으로 사용될 것입니다.
Canadian Gold Corp. (TSXV: CGC) a annoncé la clôture initiale de la première tranche de son émission privée. La société a émis 2 631 579 actions flow-through à $0,19 par action, levant des produits bruts de 500 000 $. La société a versé 12 000 $ en frais de recherche à des agents éligibles, et tous les titres sont soumis à une période de blocage de quatre mois. Les produits seront utilisés pour les Dépenses d'Exploration Canadienne (CEE) sur les projets d'exploration canadiens de la société.
Die Canadian Gold Corp. (TSXV: CGC) hat den ersten Abschluss der ersten Tranche ihres Private Placement Angebots bekannt gegeben. Das Unternehmen hat 2.631.579 Flow-Through-Aktien zu $0,19 pro Aktie ausgegeben und somit brutto Einnahmen von $500.000 erzielt. Das Unternehmen zahlte $12.000 an Vermittlungsgebühren an berechtigte Vermittler, und alle Wertpapiere unterliegen einer Haltedauer von vier Monaten. Die Einnahmen werden für kanadische Explorationsausgaben (CEE) in den kanadischen Explorationsprojekten des Unternehmens verwendet.
- Secured $500,000 in financing through flow-through shares
- Funds allocated for Canadian exploration projects qualifying as CEE
- Share dilution through issuance of 2,631,579 new shares
- $12,000 in finders fees reducing net proceeds
Toronto, Ontario--(Newsfile Corp. - December 13, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce an initial first tranche closing of its private placement offering, by the issuance of 2,631,579 flow through shares at a price of
In connection with this first tranche closing, the Company paid
The proceeds from the issuance of flow through shares shall be incurred on the Company's Canadian exploration projects, qualifying as Canadian Exploration Expenditures (CEE).
For Further Information, Please Contact:
Michael Swistun, CFA
President & CEO
Canadian Gold Corp.
(204) 232-1373
info@canadiangoldcorp.com
About Canadian Gold Corp.
Canadian Gold Corp. is a Toronto-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past producing Tartan Mine, located in Flin Flon, Manitoba. The historic Tartan Mine currently has a 2017 indicated mineral resource estimate of 240,000 oz gold (1,180,000 tonnes at 6.32 g/t gold) and an inferred estimate of 37,000 oz gold (240,000 tonnes at 4.89 g/t gold). The Company also holds a
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of the Company contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Canadian Gold's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233761
FAQ
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