- Unigold (UGD) has closed its private placement of 18,000,000 units for gross proceeds of C$2,340,000
- The company issued 18,000,000 units at a price of $0.13 per unit
- The proceeds from the offering will be used to fund further exploration and development of its Neita Concession
- Unigold is a Canadian-based mineral exploration company focused on exploring and developing its gold assets in the Dominican Republic
- Unigold Inc. (UGD) opened trading at C$0.10 per share
Unigold (UGD) has closed its previously announced private placement of 18,000,000 units for gross proceeds of C$2,340,000.
The company issued 18,000,000 units at a price of $0.13 per unit.
Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one share at a price of $0.15.
The proceeds from the offering will be used to fund the exploration and development of its Neita Concession in the Dominican Republic and for general working capital purposes.
All securities issued are subject to a four-month hold period, which will expire on February 7, 2022. The offering is subject to the final acceptance of the TSX Venture Exchange.
Unigold is a Canadian-based mineral exploration company focused primarily on exploring and developing its gold assets in the Dominican Republic.
Unigold Inc. (UGD) opened trading at C$0.10 per share.
