Source: O2Gold.
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  • O2Gold (OTGO.H) has closed its non-brokered private placement for gross proceeds of $500,000
  • The company issued 10,000,000 units for $0.05 per unit
  • Each warrant entitles the holder to acquire one additional share at an exercise price of $0.075 at any time prior to September 27, 2023
  • O2Gold is a mineral exploration company with its exploration activities in Colombia
  • O2Gold Inc. (OTGO.H) opened trading at $0.095 per share

O2Gold (OTGO.H) has closed its previously announced non-brokered private placement for gross proceeds of $500,000.

The company issued 10,000,000 units for $0.05 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at an exercise price of $0.075 at any time prior to September 27, 2023.

No finder’s fees will be paid in connection with the offering.

Net proceeds will be used for general corporate purposes.

All securities issued will be subject to a statutory four-month hold period expiring on January 28, 2023.

O2Gold is a mineral exploration company with its exploration activities in Colombia.

O2Gold Inc. (OTGO.H) opened trading at $0.095 per share.


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