Taurus Gold Corp. Announces Intention to Close First Tranche of Private Placement
Taurus Gold Corp. (CSE: TAUR) (OTCQB: TARGF) has announced its intention to close the first tranche of a non-brokered private placement on October 9, 2024. The company plans to issue 920,000 units at $0.05 per unit, raising gross proceeds of $46,000. Each unit consists of one common share and one-half common share purchase warrant. Each whole warrant allows the purchase of one common share at $0.10 for 24 months from issuance.
The securities issued in this tranche will have a four-month and one-day hold period. Funds raised will be used for general working capital purposes. While the company may pay finder's fees for the overall private placement, none were paid for this first tranche. The private placement is subject to approval from the Canadian Stock Exchange.
Taurus Gold Corp. (CSE: TAUR) (OTCQB: TARGF) ha annunciato l'intenzione di chiudere il primo lotto di un collocamento privato non mediato il 9 ottobre 2024. L'azienda prevede di emettere 920.000 unità a $0,05 per unità, raccogliendo proventi lordi di $46.000. Ogni unità consiste in un'azione ordinaria e mezza opzione di acquisto di azioni ordinarie. Ogni opzione intera consente l'acquisto di un'azione ordinaria a $0,10 per 24 mesi dall'emissione.
I titoli emessi in questo lotto avranno un periodo di blocco di quattro mesi e un giorno. I fondi raccolti saranno utilizzati per le spese generali di esercizio. Mentre l'azienda potrebbe pagare commissioni ai mediatori per l'intero collocamento privato, nessuna è stata pagata per questo primo lotto. Il collocamento privato è soggetto all'approvazione della Borsa canadese.
Taurus Gold Corp. (CSE: TAUR) (OTCQB: TARGF) ha anunciado su intención de cerrar el primer tramo de una colocación privada no mediada el 9 de octubre de 2024. La empresa planea emitir 920,000 unidades a $0.05 por unidad, recaudando ingresos brutos de $46,000. Cada unidad consiste en una acción común y media opción de compra de acciones comunes. Cada opción completa permite la compra de una acción común a $0.10 durante 24 meses a partir de la emisión.
Los valores emitidos en este tramo tendrán un período de retención de cuatro meses y un día. Los fondos recaudados se utilizarán para gastos generales de capital de trabajo. Aunque la empresa puede pagar comisiones a intermediarios por la colocación privada general, no se pagaron comisiones para este primer tramo. La colocación privada está sujeta a la aprobación de la Bolsa de Valores de Canadá.
타우루스 골드 주식회사 (CSE: TAUR) (OTCQB: TARGF)는 2024년 10월 9일에 비중개 민간 배치의 첫 번째 트랜치를 마감할 의도를 발표했습니다. 이 회사는 920,000 유닛을 유닛 당 $0.05에 발행할 계획이며, 총 $46,000의 수익을 올릴 예정입니다. 각 유닛은 하나의 보통주와 반 개의 보통주 매수 워런트로 구성됩니다. 전체 워런트는 발행일로부터 24개월 이내에 $0.10에 하나의 보통주를 구매할 수 있도록 허용합니다.
이번 트랜치에서 발행된 증권은 4개월 1일의 보유 기간을 갖습니다. 모금된 자금은 일반 운영 자본으로 사용될 것입니다. 회사는 전체 민간 배치를 위해 중개인 수수료를 지급할 수 있지만, 이 첫 번째 트랜치에 대해서는 수수료가 지급되지 않았습니다. 민간 배치는 캐나다 증권 거래소의 승인을 받아야 합니다.
Taurus Gold Corp. (CSE: TAUR) (OTCQB: TARGF) a annoncé son intention de clôturer le premier tranche d'un placement privé sans courtier le 9 octobre 2024. L'entreprise prévoit d'émettre 920 000 unités à 0,05 $ par unité, levant ainsi des produits bruts de 46 000 $. Chaque unité se compose d'une action ordinaire et d'un demi-bon d'achat d'actions ordinaires. Chaque bon complet permet d'acheter une action ordinaire à 0,10 $ pendant 24 mois à partir de l'émission.
Les titres émis dans cette tranche auront une période de blocage de quatre mois et un jour. Les fonds recueillis seront utilisés pour des besoins généraux de fonds de roulement. Bien que l'entreprise puisse verser des frais de recherche pour l'ensemble du placement privé, aucun frais n'a été payé pour cette première tranche. Le placement privé est soumis à l'approbation de la Bourse canadienne.
Taurus Gold Corp. (CSE: TAUR) (OTCQB: TARGF) hat seine Absicht bekannt gegeben, das erste Tranche einer nicht vermittelten Privatplatzierung am 9. Oktober 2024 abzuschließen. Das Unternehmen plant, 920.000 Einheiten zu einem Preis von $0,05 pro Einheit auszugeben, was zu brutto Einnahmen von $46.000 führen wird. Jede Einheit besteht aus einer Stammaktie und einem halben Aktien-Kaufwarrant. Jeder vollständige Warrant ermöglicht den Kauf einer Stammaktie zu $0,10 für einen Zeitraum von 24 Monaten ab der Ausgabe.
Die in diesem Tranche ausgegebenen Wertpapiere unterliegen einer vier Monate und einen Tag langen Haltefrist. Die gesammelten Mittel werden für allgemeine Betriebskapitalbedarfe verwendet. Obwohl das Unternehmen für die gesamte Privatplatzierung Vermittlungsgebühren zahlen kann, wurden für diese erste Tranche keine gezahlt. Die Privatplatzierung ist der Genehmigung der Kanadischen Börse unterworfen.
- Raising $46,000 in gross proceeds through private placement
- Potential for additional capital through warrant exercise at $0.10 per share
- Funds to be used for general working capital, potentially improving financial flexibility
- Small size of the private placement ($46,000) may not significantly impact the company's financial position
- Potential dilution for existing shareholders due to issuance of new shares and warrants
- Four-month and one-day hold period may limit immediate liquidity for new investors
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2024) - Taurus Gold Corp. (CSE: TAUR) (OTCQB: TARGF) ("Taurus" or the "Company") is pleased to announce that it intends to close the first tranche (the "First Tranche") of its previously announced non-brokered private placement of units (the "Private Placement") on October 9, 2024, whereby the Company intends to issue 920,000 units (each, a "Unit") at a price of
Each Unit shall consist of one common share in the capital of the Company (a "Share") and one-half common share purchase warrant of the Company ("Warrant"). Each whole Warrant entitles the holder to purchase one Common Share (a "Warrant Share") for a period of twenty-four (24) months from the date of issue at an exercise price of
The securities to be issued pursuant to the First Tranche are subject to a four month and one day hold from the date of issuance.
The funds raised pursuant to the Private Placement shall be for general working capital purposes (general and administrative).
Although the Company may pay a finder's fee to eligible persons in compliance with applicable securities laws and exchange policies in connection with the Private Placement, no finder's fees were paid in connection wit the First Tranche. The Private Placement remains subject to the approval of the Canadian Stock Exchange.
About Taurus Gold Corp.
Taurus Gold Corp. currently has approx. 37 million shares outstanding and is a mineral exploration company with a focus on gold exploration. Taurus Gold Corp. has a
Frank Lagiglia
President and Chief Executive Officer
info@taurusgold.ca
Taurus Gold Corp. Phone: 604-512-0972
Forward-looking Information:
This news release contains "forward-looking information" or "forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein are forward-looking, other than statements of historical fact. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "is expected", or "will continue", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information and forward-looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Taurus Gold to be materially different from those expressed or implied by such forward-looking information or forward-looking statements. Although Taurus Gold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The forward-looking statements and forward-looking information are made as of the date hereof and Taurus Gold disclaims, except as required by applicable securities laws, any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225417
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