Source: Compass Gold Corp.
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  • Compass Gold Corp. (CVB) has announced a non-brokered private placement for gross proceeds of $1 million
  • The company will issue up to 14.3 million common shares at $0.07 per share
  • Net proceeds will be used to advance the company’s ongoing exploration efforts at its Sikasso Property in southern Mali
  • The offering is expected to close on or prior to December 15th
  • Compass Gold is a mineral exploration company
  • Compass Gold Corporation (CVB) opened trading at C$0.095

Compass Gold Corp. (CVB) has announced a non-brokered private placement for gross proceeds of $1 million.

The company will issue up to 14.3 million common shares at $0.07 per share.

Based on market conditions, the offering may be increased by approximately 7.17 million common shares for additional gross proceeds of up to $0.5 million.

Net proceeds will be used to advance the company’s ongoing exploration efforts at its Sikasso Property in southern Mali.

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

The offering is expected to close on or prior to December 15, 2022.

Compass Gold is a mineral exploration company engaged in the exploration and development of mineral resource properties. Its project includes Mali gold and Sikasso Property. 

Compass Gold Corporation (CVB) opened trading at C$0.095.


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