- Baroyeca Gold & Silver (BGS) has announced a C$3,010,000 private placement
- It will offer up to 8,600,000 units priced at $0.35 per unit
- It will use the proceeds for corporate administration, general working capital and operating expenses for its Atocha and Santa Barbara properties in Colombia
- Baroyeca Gold & Silver is primarily focused on exploring for precious metals in Colombia
- Baroyeca Gold & Silver (BGS) closed down by 2.78 per cent trading at $0.35 per share
Baroyeca Gold & Silver (BGS) has announced a C$3,010,000 private placement.
It will offer up to 8,600,000 units priced at $0.35 per unit.
Each unit consists of one common share and one-half of one non-transferable share purchase warrant.
Each warrant entitles the holder to acquire one additional common share priced at $0.50 for one year.
The company will use the proceeds for corporate administration, general working capital and operating expenses for its Atocha and Santa Barbara properties in Colombia.
Recent assays from Atocha reached up to 772.45 g/t AgEq.
Baroyeca Gold & Silver is primarily focused on exploring for precious metals in Colombia.
Baroyeca Gold & Silver (BGS) closed down by 2.78 per cent trading at $0.35 per share.