On April 30, 2024, Lahontan Gold Corp. completed a brokered private placement of 57,500,000 units at a price of $0.06 per unit for gross proceeds of approximately $3.5 million, which included the exercise of the agents’ option to sell an additional 7,500,000 units.
The offering was completed through a syndicate of agents with Beacon Securities Limited as lead agent and sole bookrunner, and included Haywood Securities Inc., PI Financial Corp. and Research Capital Corporation.
Cassels acted for the agents.