Probe Gold's Novador project
Novador Project Source: Probe Gold Inc.
  • Probe Gold (PRB) has announced a flow-through share offering for gross proceeds of $15,000,076
  • The company has agreed to sell 7,389,200 flow-through common shares at a price of $2.03 per share
  • The gross proceeds of the offering will be used to finance further exploration of the company’s Novador Gold and Detour Gold projects in Quebec
  • Probe Gold Inc. (PRB) opened trading at C$1.32

Probe Gold (PRB) has announced a flow-through share offering for gross proceeds of $15,000,076.

The company signed an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters to sell, on a bought-deal basis, 7,389,200 flow-through common shares at a price of $2.03 per share.

The gross proceeds of the offering will be used to finance further exploration of the company’s Novador Gold and Detour Gold projects in Quebec.

The offering is expected to close on or about March 27, 2023, and is subject to all necessary regulatory approvals.

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

About Probe Gold

Probe Gold is a leading Canadian gold exploration company focused on acquiring and developing highly prospective gold properties. 

Probe Gold Inc. (PRB) opened trading at C$1.32.


More From The Market Online
Drilling at Coppernico Metals' Sombrero copper and gold project in Peru

A mispriced junior copper stock with district-scale potential

Coppernico Metals (TSX:COPR) is a junior copper stock active in Peru making tangible progress towards its district-scale ambitions.

Market Open: Global Market Meltdown escalates on US tariffs and Doug Ford provides C$11B in relief for Ontario | Monday, April 7th, 2025

Market Open: Global Market Meltdown escalates on US tariffs and Doug Ford provides C$11B in relief for Ontario | Monday, April 7th, 2025
AI generated stock image

Barrick Gold sets sights on 30 per cent production growth by 2030

Barrick Gold (TSX:ABX) is advancing its portfolio of growth projects to support a planned 30 per cent increase in gold equivalent ounces.