- Liberty Gold Corp. (LGD) has announced a bought-deal private placement for gross proceeds of $30,000,300
- The company issued 27,273,000 common shares at a price of C$1.10 per share
- The net proceeds will be used to fund the exploration and development of Liberty Gold’s Black Pine and Goldstrike oxide gold development assets
- Liberty Gold is focused on exploring the Great Basin of the United States
- Liberty Gold Corp. (LGD) closed trading up 7.14 per cent, at C$1.02 per share
Liberty Gold Corp. (LGD) has closed its previously announced bought-deal private placement for gross proceeds of $30,000,300.
The company issued 27,273,000 common shares at a price of C$1.10 per share.
The net proceeds will be used to fund the exploration and development of Liberty Gold’s Black Pine and Goldstrike oxide gold development assets in the Great Basin, USA. Liberty Gold plans to aggressively advance Black Pine in 2022 with 85,000 meters of drilling, engineering and permitting programs and further de-risking activities. At Goldstrike, a 25,000-meter drill program, engineering, de-risking, permitting and baseline studies are planned for 2022 to continue advancing the asset towards a pre-feasibility study decision.
Liberty Gold is focused on exploring the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining.
This region is one of the most prolific gold-producing regions in the world and stretches across Nevada and into Idaho and Utah.
Liberty Gold Corp. (LGD) opened trading at C$1.02 per share.
