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Source: Green River Gold Corp.
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  • Green River Gold (CCR) has increased the size of its non-brokered private placement of flow-through shares
  • The company will issue up to 7,700,000 flow-through shares for gross proceeds of up to $500,500
  • Each flow-through share issued includes a one-half common share purchase warrant
  • Each full warrant will be exercisable to acquire one warrant share at a price of C$0.09 for a period of 2 years, subject to an acceleration clause
  • The upsized offering is expected to close on or about November 12
  • Green River Gold acquires and develops placer mining claims and mineral claims

Green River Gold (CCR) has increased the size of its non-brokered private placement of flow-through shares.

The company will issue up to 7,700,000 flow-through shares for gross proceeds of up to $500,500.

Each flow-through share issued will include a one-half common share purchase warrant. Each full warrant will be exercisable to acquire one warrant share at a price of C$0.09 for a period of 2 years following the closing of the offering. 

If the closing price of the company’s shares on the CSE is equal to or greater than $0.09 for a period of ten consecutive trading days, Green River may accelerate the expiry date of warrants.

The upsized offering is expected to close on or about November 12, 2021.

The company intends to use the proceeds of the offering for the exploration of the company’s key projects.

Green River Gold is a Canadian mineral exploration company focused on its wholly-owned, high-grade Fontaine Gold Project, Quesnel Nickel/Cobalt Project and the Kymar Silver Project which are located in British Columbia.

Green River Gold Corp. (CCR) opened trading at C$0.06 per share.

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