Source: Golden Sky Minerals
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  • Golden Sky Minerals is increasing the non-flow-through portion of its previously announced financing by up to $252,000
  • Each non-flow-through unit consists of 1 common share and 1 common share purchase warrant
  • Proceeds will be used for a diamond drill program at the Rayfield Copper-Gold Project and to advance the company’s Hotspot Property
  • Golden Sky Minerals Corp. is a junior grassroots explorer focused on the discovery of new precious metal and copper projects
  • Golden Sky Minerals Corp. (AUEN) opened trading at C$0.53 per share

Golden Sky Minerals (AUEN) is increasing the non-flow-through portion of its previously announced financing by up to $252,000 or 600,000 units.

Each non-flow-through unit consists of 1 common share and 1 common share purchase warrant exercisable at $0.60 for 24 months.

Proceeds will be used for a 2000-metre diamond drill program at Golden Sky’s British Columbia flagship Rayfield Copper-Gold Project and to advance the company’s Hotspot Property in the Yukon Territory.

Golden Sky expects that the drill program at Hotspot will commence on or around August 1st, 2021, and a year-round exploration program at Rayfield will commence sometime in June 2021.

Golden Sky Minerals Corp. is a junior grassroots explorer focused on the discovery of new precious metal and copper projects. Golden Sky has three drill-ready projects in the Yukon, including the Hotspot, Bullseye, and Luckystrike properties.

The recent property purchase of the Rayfield Copper-Gold Project in southern British Columbia adds to the company’s substantial early-stage project pipeline.

Golden Sky Minerals Corp. (AUEN) opened trading at C$0.53 per share.

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