Unigold Announces Closing of Non-Brokered Private Placement of $293,150
Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) has successfully completed a non-brokered private placement, raising gross proceeds of $293,150 through the issuance of 3,664,374 units at $0.08 per unit. Each unit comprises one common share and one-half of a common share purchase warrant. Each whole warrant allows the holder to purchase one common share at $0.12, valid for four years from issuance.
The proceeds will fund the company's ongoing permitting and development activities at its Neita Sur Concession in the Dominican Republic, along with general working capital purposes. No finders' fees were paid for this offering. The securities are subject to a four-month hold period and final TSX Venture Exchange acceptance.
Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) ha completato con successo un collocamento privato non intermediato, raccogliendo proventi lordi di $293,150 attraverso l'emissione di 3,664,374 unità a $0.08 per unità. Ogni unità è composta da un'azione comune e da metà di un warrant per l'acquisto di azioni comuni. Ogni warrant intero consente al titolare di acquistare un'azione comune a $0.12, valido per quattro anni dall'emissione.
I proventi finanzieranno le attività di autorizzazione e sviluppo in corso della società nella sua Concessione Neita Sur nella Repubblica Dominicana, insieme a scopi generali di capitale circolante. Non sono state pagate commissioni ai mediatori per questa offerta. I titoli sono soggetti a un periodo di blocco di quattro mesi e all'accettazione finale da parte del TSX Venture Exchange.
Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) ha completado con éxito un colocación privada no intermediada, recaudando ingresos brutos de $293,150 mediante la emisión de 3,664,374 unidades a $0.08 por unidad. Cada unidad consta de una acción común y media garantía de compra de acciones comunes. Cada garantía completa permite al titular comprar una acción común a $0.12, válida por cuatro años a partir de la emisión.
Los ingresos financiarán las actividades de permisos y desarrollo en curso de la compañía en su Concesión Neita Sur en la República Dominicana, junto con propósitos generales de capital de trabajo. No se pagaron comisiones a intermediarios por esta oferta. Los valores están sujetos a un período de retención de cuatro meses y a la aceptación final de TSX Venture Exchange.
Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF)는 비중개 개인 배급을 성공적으로 완료하여 3,664,374 단위를 단가 $0.08로 발행하여 총 $293,150를 모금했습니다. 각 단위는 하나의 보통주와 보통주 매입 보증서의 절반으로 구성됩니다. 전체 보증서는 소지자가 발행일로부터 4년 동안 $0.12에 하나의 보통주를 구매할 수 있도록 합니다.
모금된 자금은 도미니카 공화국의 네이타 수르 콘세션에서 회사의 지속적인 허가 및 개발 활동을 지원하고 일반 운영 자본 목적으로 사용됩니다. 이 제안에 대해 중개인 수수료는 지급되지 않았습니다. 증권은 4개월의 보유 기간과 TSX 벤처 거래소의 최종 승인을 받아야 합니다.
Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) a réussi à réaliser un placement privé sans intermédiaire, levant des produits bruts de $293,150 grâce à l'émission de 3,664,374 unités au prix de $0.08 par unité. Chaque unité comprend une action ordinaire et une demi-option d'achat d'actions ordinaires. Chaque option entière permet à son titulaire d'acheter une action ordinaire à $0.12, valable pendant quatre ans à partir de la date d'émission.
Les produits financeront les activités de permis et de développement en cours de la société dans sa Concession Neita Sur en République dominicaine, ainsi que pour des besoins généraux de fonds de roulement. Aucune commission d'intermédiaire n'a été payée pour cette offre. Les titres sont soumis à une période de blocage de quatre mois et à l'acceptation finale de la TSX Venture Exchange.
Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) hat erfolgreich eine nicht vermittelte Privatplatzierung abgeschlossen und dabei Bruttoerlöse von $293,150 durch die Ausgabe von 3,664,374 Einheiten zu je $0.08 pro Einheit erzielt. Jede Einheit besteht aus einer Stammaktie und einem halben Aktienoptionsschein. Jeder vollständige Optionsschein ermöglicht es dem Inhaber, eine Stammaktie zu einem Preis von $0.12 zu erwerben, gültig für vier Jahre ab dem Ausgabedatum.
Die Erlöse werden die laufenden Genehmigungs- und Entwicklungsaktivitäten des Unternehmens in seiner Neita Sur Konzession in der Dominikanischen Republik sowie allgemeine Betriebsmittel finanzieren. Für dieses Angebot wurden keine Vermittlungsgebühren gezahlt. Die Wertpapiere unterliegen einer viermonatigen Haltedauer und der endgültigen Genehmigung durch die TSX Venture Exchange.
- Secured $293,150 in new funding through private placement
- No finders' fees paid, maximizing capital raised
- Four-year warrant term provides extended financing flexibility
- Dilutive effect on existing shareholders through new share issuance
- Low unit price of $0.08 indicates potential market weakness
Toronto, Ontario--(Newsfile Corp. - February 20, 2025) - Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) (FSE: UGB1) ("Unigold" or the "Company") is pleased to announce that it has completed a non-brokered private placement of 3,664,374 units of the Company (each, a "Unit") at a price of
No finders were paid in connection with this closing of the Offering. The proceeds from the Offering will be used to fund the Company's continued permitting and development on its Neita Sur Concession in the Dominican Republic, and for general working capital purposes. All securities issued under the Offering are subject to a four-month hold period. The Offering is subject to final acceptance of the TSX Venture Exchange.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
For further information please visit www.unigoldinc.com or contact:
Mr. Joseph Hamilton
Chairman & CEO
T. (416) 866-8157
Forward-Looking Statements
Where applicable, we claim the protection of the safe harbour for forward-looking statements provided by the (United States) Private Securities Litigation Reform Act of 1995.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241592
FAQ
How much did Unigold (UGDIF) raise in its February 2025 private placement?
What is the exercise price and term of UGDIF's new warrants?
How will Unigold (UGDIF) use the proceeds from the private placement?
What is the unit price and structure of UGDIF's private placement?
