Source: GoGold Resources Inc.
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  • GoGold Resources (GGD) has announced a bought-deal private placement for gross proceeds of approximately $40 million
  • The company will issue 14,040,000 common shares at a price of $2.85 per share
  • GoGold has granted the underwriters, led by BMO Capital Markets, an over-allotment option
  • Net proceeds will be used primarily to support the continued advancement of the company’s Los Ricos North and South projects
  • The offering will close on or about March 8, 2022
  • GoGold Resources is a Canadian-based silver and gold producer
  • GoGold Resources Inc. (GGD) opened trading at C$3.18 per share

GoGold Resources (GGD) has announced a bought-deal private placement for gross proceeds of approximately $40 million.

The company will issue 14,040,000 common shares at a price of $2.85 per share.

GoGold has granted the underwriters, led by BMO Capital Markets, an over-allotment option to purchase up to an additional 15 per cent of the offering.

The offering will close on or about March 8, 2022.

The net proceeds of the offering will be used to support the continued advancement of the company’s Los Ricos North and South projects and for general corporate purposes.

GoGold Resources is a Canadian-based silver and gold producer focused on acquiring and exploring projects in Mexico.

GoGold Resources Inc. (GGD) opened trading at C$3.18 per share.

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