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  • G2 Goldfields (GTWO) has closed a non-brokered private placement for gross proceeds of  $13,370,019.60
  • The proceeds from the offering will be used to advance exploration activities at the company’s OKO project in Guyana
  • G2 Goldfields Inc is a Canada-based company engaged in the business of acquiring and exploring mineral properties
  • G2 Goldfields Inc. is up 1.35 per cent on the day, trading at C$0.75 per share at 4:30 pm ET

G2 Goldfields (GTWO) has closed its previously announced non-brokered private placement for gross proceeds of  $13,370,019.60.

The first tranche of the offering consisted of 19,733,401 common shares for gross proceeds of $11,840,040.60.

The second tranche consisted of 2,549,965 common shares for gross proceeds of $1,529,979.

The proceeds from the offering will be used to advance exploration activities at the company’s OKO project, Guyana and for general corporate purposes.

All of the shares issued under the second tranche of the offering are subject to a hold period which will expire on November 30, 2022.

G2 Goldfields Inc is a Canada-based company engaged in acquiring and exploring mineral properties.

G2 Goldfields Inc. (GTWO) is up 1.35 per cent on the day, trading at C$0.75 per share at 4:30 pm ET.


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