Source: O2Gold.
  • O2Gold (OTGO) has announced a non-brokered private placement for gross proceeds of up to $500,000
  • The company plans to issue 10,000,000 units for $0.05 per unit
  • Each warrant will entitle the holder to acquire one additional common share at an exercise price of $0.075 for a period of 12 months from issuance
  • The offering is expected to close on or about September 30, 2022
  • O2Gold is a mineral exploration company with its exploration activities in Colombia
  • O2Gold Inc. opened trading at $0.01 per share

O2Gold (OTGO) has announced a non-brokered private placement or gross proceeds of up to $500,000.

The company plans to issue up to 10,000,000 units for $0.05 per unit. Each unit will be made up of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of $0.075 for a period of 12 months.

The offering is expected to close on or about September 30, 2022.

All securities issued in connection with the offering will be subject to a statutory four-month hold period.

O2Gold is a mineral exploration company with its exploration activities in Colombia.

O2Gold Inc. (OTGO) opened trading at $0.01 per share.

More From The Market Online

2 rallying copper and gold stocks with bullish outlooks

A deep-dive into two junior copper and gold stocks whose multi-bagger returns appear to be intricately tied to diligent development.

Capstone Copper resumes operations in Chile as union strike persists

Capstone Copper (TSX:CS) has resumed operations at its Mantoverde mine, despite an ongoing strike by Union #2.
The Market Online Video

A project generator designed to limit dilution, share risk, and create opportunities

Avrupa Minerals discusses its project generator model, copper-zinc exploration in Finland and Portugal, joint ventures, and plans to limit dilution while advancing multiple assets.