- Compass Gold Corp. (CVB) has announced a non-brokered private placement for gross proceeds of $1 million
- The company will issue up to 14.3 million common shares at $0.07 per share
- Net proceeds will be used to advance the company’s ongoing exploration efforts at its Sikasso Property in southern Mali
- The offering is expected to close on or prior to December 15th
- Compass Gold is a mineral exploration company
- Compass Gold Corporation (CVB) opened trading at C$0.095
Compass Gold Corp. (CVB) has announced a non-brokered private placement for gross proceeds of $1 million.
The company will issue up to 14.3 million common shares at $0.07 per share.
Based on market conditions, the offering may be increased by approximately 7.17 million common shares for additional gross proceeds of up to $0.5 million.
Net proceeds will be used to advance the company’s ongoing exploration efforts at its Sikasso Property in southern Mali.
All securities issued will be subject to a statutory four-month hold period.
The offering is expected to close on or prior to December 15, 2022.
Compass Gold is a mineral exploration company engaged in the exploration and development of mineral resource properties. Its project includes Mali gold and Sikasso Property.
Compass Gold Corporation (CVB) opened trading at C$0.095.