Source: Reunion Gold
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  • Reunion Gold (RGD) has closed a bought-deal private placement and concurrent non-brokered offering for total gross proceeds of $36,828,570
  • The company issued 141,648,349 units, including 2,648,349 units issued under the over-allotment option and 23,500,000 units issued under the non-brokered offering
  • Reunion Gold Corporation is a leading gold explorer with a portfolio of projects in Guyana, Suriname, and French Guiana
  • Reunion Gold Corporation (RGD) opened trading at C$0.24

Reunion Gold (RGD) has closed its bought-deal private placement and concurrent non-brokered offering for total gross proceeds of $36,828,570.

Under the previously announced offering, the company issued 141,648,349 units, including 2,648,349 units under the over-allotment option and 23,500,000 units under the non-brokered offering.

Each unit will consist of one share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional share for 24 months following the closing of the offering.

The net proceeds will be used for exploration expenditures on the company’s projects and general corporate and working capital purposes.

Reunion Gold Corporation is a leading gold explorer in the Guiana Shield, South America, with a portfolio of projects in Guyana, Suriname, and French Guiana.

Reunion Gold Corporation (RGD) opened trading at C$0.24.

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