2023-08-02 08:12:46 ET
- TriStar Gold ( OTCQX:TSGZF ) intends to complete a non-brokered private placement to raise maximum gross proceeds of C$3M .
- The offering will consist of the issuance of up to 23.08M units, which will each be comprised of one common share of the Company and one-half share purchase warrant.
- Each unit will be priced at C$0.13 and each full warrant will be exercisable for one common share at an exercise price of C$0.20/share and a three-year term-to-maturity.
- The Co. intends to use the proceeds of the offering to advance the permitting of the Co.'s 100% owned Castelo de Sonhos property and for general working capital purposes.
- This private placement is planned to close on or about August 21, 2023.
For further details see:
TriStar Gold announces non-brokered private placement of up to C$3M