The Golden Sky Project Geology Map
  • Angus Gold (GUS) has announced a non-brokered private placement for gross proceeds of $5,815,550
  • The fully subscribed offering consists of 5,057,000 flow-through common shares priced at $1.15 per share
  • The offering is expected to close on or about June 28, 2022
  • Proceeds will be used to fund exploration projects in Ontario
  • Angus Gold Inc. is a Canadian mineral exploration company
  • Angus Gold Inc. (GUS) is up 9.2 per cent on the day, trading at C$0.83 per share at 2:30 pm ET

Angus Gold (GUS) has announced a non-brokered private placement for gross proceeds of $5,815,550.

The fully subscribed offering consists of 5,057,000 flow-through common shares priced at $1.15 per share.

The offering is expected to close on or about June 28, 2022, and is subject to the receipt of regulatory approvals, including the approval of the TSX Venture Exchange.

Proceeds will be used to fund exploration projects in Ontario. 

All securities issued will be subject to a four-month hold period.

Angus Gold Inc. is a Canadian mineral exploration company focused on the exploration and development of highly prospective gold properties. The company’s flagship project is the Golden Sky Project in Wawa, Ontario.

Angus Gold Inc. (GUS) is up 9.2 per cent on the day, trading at C$0.83 per share at 2:30 pm ET.

More From The Market Online

Organigram looks to raise capital as cannabis stocks surge

Organigram (TSX:OGI), one of Canada's first cannabis stocks, announces an overnight marketed public offering of units for up to C$25 million.

Alamos and Argonaut merge to create one of Canada’s largest gold mines

Alamos Gold (TSX:AGI) announces it will acquire all of the issued and outstanding shares of Argonaut Gold (TSX:AR) in a friendly takeover.