- Visionary Gold Corp. (VIZ) has repriced its previously announced non-brokered private placement of units from C$0.075 to C$0.05 per unit for gross proceeds of $1,000,000
- Each unit will still be made up of one common share of the company and one half of one common share purchase warrant
- Each warrant will entitle the holder to acquire one common share of the company at a price of $0.10 for a period of 24 months from the closing date of the offering
- The net proceeds from the offering will be used to fund the company’s 2022 exploration program and for general working capital purposes
- Visionary Gold Corp is a Vancouver-based mineral exploration company focused on making new precious and base metals discoveries in Fremont County, Wyoming
- Visionary Gold Corp. remained unchanged at $0.06 at 3:11 PM ET
Visionary Gold Corp. (VIZ) has repriced its previously announced non-brokered private placement.
Units will be reduced from C$0.075 to C$0.05 per unit for gross proceeds of up to $1,000,000.
Each unit will be made up of one common share of the company and one half of one common share purchase warrant.
Each warrant will entitle the holder to acquire one common share of the company at a price of $0.10 for a period of 24 months from the closing date of the offering.
The company may pay finders fees in connection with the offering. The company’s CEO, Wes Adams, has committed to subscribing for up to $350,000 of the offering.
The net proceeds from the offering will be used to fund the company’s 2022 exploration program and for general working capital purposes.
The closing of the offering is expected to occur on or about June 24, 2022, and is subject to receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.
Visionary Gold Corp is a Vancouver-based mineral exploration company focused on making new precious and base metals discoveries in Fremont County, Wyoming.
Visionary Gold Corp. remained unchanged at $0.06 at 3:11 PM ET.
