• Gold’n Futures (FUTR) has announced a non-brokered private placement for gross proceeds of up to $1,000,000
  • The company will issue units at a price of $0.055 and flow-through units at a price of $0.065
  • Net proceeds will be used to fund exploration of the Hercules Project in northern Ontario
  • Gold’n Futures Mineral Corp. is a Canadian-based exploration company focused on advancing its Hercules Gold Project
  • Gold’n Futures Mineral Corp. (FUTR) is down 8.33 per cent on the day, trading at C$0.055 per share at 2:30 pm EST

Gold’n Futures (FUTR) has announced a non-brokered private placement for gross proceeds of up to $1,000,000.

The company will issue units at a price of $0.055 and flow-through units at a price of $0.065.

Each unit will consist of one common share and one share purchase warrant. Each FT unit will consist of one common flow-through share and one warrant. Each warrant shall entitle the holder to purchase one common share at a price of $0.10 for up to 24 months following the closing of the offering.

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

The company intends to use the net proceeds from the private placement for exploration of the Hercules Project in northern Ontario and for general corporate purposes.

Gold’n Futures Mineral Corp. is a Canadian-based exploration company focused on advancing its Hercules Gold Project.

Gold’n Futures Mineral Corp. (FUTR) is down 8.33 per cent on the day, trading at C$0.055 per share at 2:30 pm EST.

More From The Market Online

Myriad Uranium secures mining lease at Copper Mountain

Myriad Uranium (CSE:M) has entered into a 20-year mining lease with Diamond X Ranch for the Copper Mountain Uranium Project.
Negotiating in a meeting room

Sitka Gold to acquire 100% ownership of Barney Ridge

Sitka Gold (TSXV:SIG) agrees to acquire a 100 per cent interest in the Barney Ridge Property in the Yukon.

Junior copper miner secures another major partner

Junior copper miner Midnight Sun Mining (TSXV:MMA) signs a cooperative exploration plan with First Quantum Minerals.

Nickelex Resource to acquire Arlington Gold Property

Nickelex Resource (TSXV:NICK) acquires 100 per cent interest in nine claims within the Boundary District in south-central British Columbia.