• Gold’n Futures (FUTR) has announced a non-brokered private placement for gross proceeds of up to $1,000,000
  • The company will issue units at a price of $0.055 and flow-through units at a price of $0.065
  • Net proceeds will be used to fund exploration of the Hercules Project in northern Ontario
  • Gold’n Futures Mineral Corp. is a Canadian-based exploration company focused on advancing its Hercules Gold Project
  • Gold’n Futures Mineral Corp. (FUTR) is down 8.33 per cent on the day, trading at C$0.055 per share at 2:30 pm EST

Gold’n Futures (FUTR) has announced a non-brokered private placement for gross proceeds of up to $1,000,000.

The company will issue units at a price of $0.055 and flow-through units at a price of $0.065.

Each unit will consist of one common share and one share purchase warrant. Each FT unit will consist of one common flow-through share and one warrant. Each warrant shall entitle the holder to purchase one common share at a price of $0.10 for up to 24 months following the closing of the offering.

All shares issued will be subject to a four-month hold period.

The company intends to use the net proceeds from the private placement for exploration of the Hercules Project in northern Ontario and for general corporate purposes.

Gold’n Futures Mineral Corp. is a Canadian-based exploration company focused on advancing its Hercules Gold Project.

Gold’n Futures Mineral Corp. (FUTR) is down 8.33 per cent on the day, trading at C$0.055 per share at 2:30 pm EST.

More From The Market Online

This mining royalty growth story is worth digging into

Kick off your due diligence on Orogen Royalties, a mining royalty acquirer and developer boasting a multi-year history of profitable growth.

StockTalk | Gold Report: Miners with a long-term mindset

Stockhouse's Weekly Gold Report brings you top stories about mining stocks vying for a spot on your watchlist.

A long-life copper opportunity emerging amid a tightening global market

Idaho Copper Corp. (NYSE American: COPR) and its flagship CuMo Copper-Molybdenum-Silver Project located in Boise County, Idaho.