- Mineral exploration company C2C Gold ( OTCQB:CTCGF ) has launched non-brokered private placement of units to raise $500,000-$1M gross proceeds at a price of C$0.05/unit.
- Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each Warrant shall entitle the holder to acquire an additional common share at a price of $0.10 for a period of 24 months following the closing of the offering.
- Proceeds from the sale will be used for advancing exploration at the company’s Newfoundland projects, and general working capital purposes.
- The closing of the offering may occur in one or more tranches with the final tranche expected to occur on or before February 11, 2023.
For further details see:
C2C Gold launches securities offering