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Dynasty Gold (TSXV:DYG) closes first tranche of non-brokered private placement

Mining, The Market Online Deal Room
TSXV:DYG
17 October 2022 08:30 (EST)
Dynasty Gold

Source: Dynasty Gold Corp.

Dynasty Gold Corp. (DYG) has closed the first tranche of its previously-announced non-brokered flow-through private placement for gross proceeds of $363,090.

Under the first tranche, the company issued 3,458,000 units. Each unit consists of one flow-through share at $0.105 and one common share purchase warrant at $0.15.

The proceeds will be used for the core drilling exploration of the Thundercloud property in Ontario.

Dynasty Gold Corp. is a Canadian exploration company with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and the Midas gold camp in Nevada. The company is currently advancing its Thundercloud gold deposit which contains 182,000 oz of gold.

Dynasty Gold Corp. (DYG) opened trading at C$0.07.


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