- Avidian Gold (AVG) has announced a non-brokered private placement of units for gross proceeds of up to $500,000
- Each unit will consist of one common share and one common share purchase warrant
- The offering is expected to close or around November 18, 2022
- The net proceeds will be used for the exploration and development of Avidian’s gold & gold-copper mineral properties in Alaska and Nevada
- Avidian is a Canada-based mineral exploration company
- Avidian Gold Corp. (AVG) opened trading at C$0.035
Avidian Gold (AVG) has announced a non-brokered private placement of units for gross proceeds of up to $500,000.
Each unit, priced at at $0.035, will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share for a period of twenty-four months following the closing of the offering.
The offering is expected to close or around November 18, 2022.
The net proceeds will be used primarily for the exploration and development of Avidian’s advanced-stage gold & gold-copper mineral properties in Alaska and Nevada.
Any cash finder’s fees paid will be equal to 8 per cent of the proceeds placed by the applicable finder, and any finder’s fee paid in securities will be equal to 8 per cent of the number of units placed by the applicable finder.
All securities issued will be subject to a statutory four-month hold period.
Avidian is a Canada-based mineral exploration company engaged in acquiring and exploring gold projects. The company holds the right to explore several properties including the Golden Zone, Amanita and Jungo.
Avidian Gold Corp. (AVG) opened trading at C$0.035.