2023-05-10 09:11:49 ET
- Nevada King Gold ( OTCQX:NKGFF ) ( TSXV: NKG:CA ) announced non-brokered private placement financing from $10M-11.25M.
- The non-brokered private placement was originally announced on May 1, 2023, and initially upsized on May 3, 2023.
- The placement is fully allocated and is expected to close on May 18, 2023.
- The company is also continuing with its previously announced brokered financing for gross proceeds of up to $5M.
- If the LIFE offering is completed for the maximum gross proceeds of $5M, the aggregate gross proceeds are expected to be $16.25M.
- The net proceeds are intended to be used to advance Nevada King's development and exploration stage assets and for other general corporate purposes.
For further details see:
Nevada King Gold upsizes offering to $16.25M