Source: Antler Gold
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  • Antler Gold (ANTL) has upsized its private placement to raise gross proceeds of up to $1,150,000
  • The company will issue up to 11,500,000 units priced at $0.10 per unit
  • Net proceeds will be used primarily to advance exploration work on its Namibian gold projects and the Kesya Rare Earth Project in Zambia
  • Antler Gold is a Canadian exploration company, focused on gold projects in Namibia, Zambia and Africa
  • Antler Gold Inc. (ANTL) is unchanged on the day, trading at C$0.12 per share at 3:30 pm ET

Antler Gold (ANTL) has upsized its private placement to raise gross proceeds of up to $1,150,000.

The company will issue up to 11,500,000 units priced at $0.10 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will be exercisable to purchase one additional common share of Antler at a price of $0.15 for a period of 24 months from the closing date of the offering. 

Numus Capital Corp. will act as agent for the offering.

Net proceeds will be used to advance exploration work on its Namibian gold projects and the Kesya Rare Earth Project in Zambia as well as for general working capital purposes.

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

Antler Gold is a Canadian exploration company, focused on gold projects in Namibia, Zambia and Africa.

Antler Gold Inc. (ANTL) is unchanged on the day, trading at C$0.12 per share at 3:30 pm ET.

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