Market Herald logo

Subscribe

Be the first with the news that moves the market
  • 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.


More From The Market Herald

" Independence Gold (TSXV:IGO) announces $1.3 million financing

Independence Gold Corp. (IGO) has proposed equity financing for gross proceeds of up to $1,300,000.

" Golden Sky Minerals (TSXV:AUEN) releases results from Phase 2 program at its Rayfield Property

Golden Sky Minerals (AUEN) announced results from its Phase 2 2022 soil geochemical sampling program.

" Rackla Metals (TSX:RAK) announces $2M non-brokered private placement

Rackla Metals (RAK) announced a non-brokered private placement for proceeds of up to $2.0 million.

" Appia Rare Earths & Uranium (CSE:API) releases assay results from Alces Lake 2022 prospecting program

Appia Rare Earths & Uranium Corp. (API) has released assay results from its Alces Lake 2022 prospecting program.