representative work

Signal Gold Completes $6 Million Private Placement

06/09/2022

On June 9, 2022, Signal Gold Inc. completed an upsized private placement of 3,652,375 flow-through units at a price of $0.56 per flow-through units, and 8,070,298 units at a price of $0.49 per unit for aggregate gross proceeds of approximately $6 million. Each flow-through unit consisted of one common share issued as a “flow-through share” and one-half of one common share purchase warrant issued on a non-flow-through basis. Each unit consisted of one common share and one-half of one warrant. Each warrant entitles the holder thereof to purchase one common share of Signal Gold at a price of $0.74 until June 9, 2025.

Cassels acted for Signal Gold.

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