- Solstice Gold Corp. (SGC) has closed its private placement for gross proceeds of approximately $2.3 million
- The company issued 10,096,441 flow-through common shares at a price of $0.23 per share
- Solstice Gold paid a finder’s fee of $42,986 and 186,896 non-transferable warrants
- Proceeds will be used to fund exploration programs that qualify as Canadian Exploration Expenses and flow-through mining expenditures
- Solstice Gold Corp. (SGC) is up 2.33 per cent and is trading at $0.22 per share as of 3:07 p.m. EST
Solstice Gold Corp. (SGC) has closed its previously announced private placement for gross proceeds of approximately $2.3 million.
The company issued 10,096,441 flow-through common shares at a price of $0.23 per share.
Proceeds will be used to fund exploration programs that qualify as Canadian Exploration Expenses and flow-through mining expenditures.
The offering was conducted with available exemptions from the prospectus requirements of applicable securities legislation.
Solstice Gold paid a finder’s fee of $42,986 and 186,896 non-transferable finder’s warrants.
Each finder’s warrant is exercisable for one common share at $0.23 per share for 18 months from the closing date.
Solstice is a gold-focused exploration company with projects in established mining regions in Canada.
Solstice Gold Corp. (SGC) is up 2.33 per cent and is trading at $0.22 per share as of 3:07 p.m. EST.
