- C2C Gold (CTOC) has announced a C$1.5M non-brokered private placement
- The company will put the funds toward G&A expenses and further exploration on its mineral properties
- C2C is a Canadian mineral exploration company focused on acquiring and developing mineral projects in Newfoundland and the Yukon
- C2C Gold (CTOC) is down by 13.04 per cent trading at $0.20 per share
C2C Gold (CTOC) has announced a C$1.5M non-brokered private placement.
It will offer units priced at $0.18 and flow-through units priced at $0.22.
Each unit and flow-through unit consists of one common share and one-half of one share purchase warrant.
Each warrant is exercisable into one non-flow-through common share priced at $0.25 for a period of two years.
The company will use the proceeds for G&A expenses and further exploration on its mineral properties.
It recently discovered visible gold in quartz vein float at its Millertown Property in the Central Newfoundland Gold Belt, where it controls a land package of over 1,260 km2.
C2C is a Canadian mineral exploration company focused on acquiring and developing mineral projects in Newfoundland and the Yukon.
C2C Gold (CTOC) is down by 13.04 per cent trading at $0.20 per share as of 11:38 am EST.
