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Angus Gold (TSXV:GUS) closes $5.8M private placement

Mining, The Market Online Deal Room
TSXV:GUS
30 June 2022 09:15 (EDT)

The Golden Sky Project Geology Map

Angus Gold (GUS) has closed its previously announced non-brokered private placement for gross proceeds of $5,815,550.

The fully subscribed offering consists of 5,057,000 flow-through common shares priced at $1.15 per share.

Proceeds will be used to fund exploration projects in Ontario. 

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

Angus Gold Inc. is a Canadian mineral exploration company focused on the exploration and development of highly prospective gold properties. The company’s flagship project is the Golden Sky Project in Wawa, Ontario.

Angus Gold Inc. (GUS) opened trading at C$0.98.

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