CA - Contact Gold prices $650000 non-brokered private placement
- Contact Gold ( TSXV: C:CA ) ( OTCQB:CGOLF ) priced a $650,000 non-brokered private placement of up to 32.5M units at $0.02 per unit.
- Each unit will consist of one share and one share purchase warrant, with each warrant entitling the holder to purchase an additional share at $0.05 per share.
- The net proceeds are expected to be used in the resumption of exploration at the Pony Creek gold project and for general working capital purposes.
- The company insiders are set to participate in the offering through a related-party transaction.
- The offering is expected to close on or about Feb. 28.
- Source: Press Release
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Contact Gold prices $650,000 non-brokered private placement