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Aguila American Gold (TSXV:AGL) announces $0.6 million private placement

Mining, The Market Online Deal Room
TSXV:AGL
24 September 2021 14:00 (EDT)

Source: Aguila American Gold.

Aguila American Gold (AGL) has announced a non-brokered private placement of up to C$0.6 million.

It will offer up to 3,000,000 units priced at $0.20 per unit.

Each unit comprises one common share and one-half of one common share purchase warrant.

Each warrant entitles the holder to purchase one additional common share for $0.30 for three years from the closing of the offering.

The company intends to use the proceeds for exploration on its North American copper and gold properties and for working capital and general corporate purposes. 

Aguila American Gold is a copper and precious metal company enhancing shareholder value through exploration and discovery.

Aguila American Gold (AGL) is unchanged trading at $0.185 per share as of 1:40 pm ET.

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