Source: Ready Set Gold
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  • Ready Set Gold (RDY) has closed a private placement for total gross proceeds of $476,850
  • The company issued 6,812,143 units for $0.07 per unit
  • The proceeds will be used to repay debt and for general working capital
  • Ready Set Gold Corp. is a precious metals exploration company with a 100 per cent interest in the Northshore Gold Property near Thunder Bay
  • Ready Set Gold Corp. (RDY) opened trading at C$0.075

Ready Set Gold (RDY) has closed its previously announced private placement for total gross proceeds of $476,850.

The company issued 6,812,143 units for $0.07 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share for a period of five years from the closing of the offering at an exercise price of $0.09 per share.

The company agreed to pay finder’s fees consisting of $3,543 in cash and 50,614 finder’s warrants.

All securities issued will be subject to a statutory four-month hold period expiring on March 25, 2023.

The proceeds will be used to repay debt and for general working capital.

Ready Set Gold Corp. is a precious metals exploration company. The company owns a 100 per cent interest in the Northshore Gold Property near Thunder Bay.

Ready Set Gold Corp. (RDY) opened trading at C$0.075.


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