- Dynasty Gold (DYG) has closed the first tranche of its non-brokered private placement for gross proceeds of $325,850
- The company issued 1,916,765 units priced at C$0.17 each
- The proceeds from the private placement will be used for exploration on the Thundercloud Property
- Dynasty Gold is a Canadian exploration company
- Dynasty Gold Corp. (DYG) opened trading at C$0.17 per share
Dynasty Gold (DYG) has closed the first tranche of its non-brokered private placement for gross proceeds of $325,850.
The company issued 1,916,765 units priced at C$0.17 each. Each unit consists of one common share at $0.17 and one common share purchase warrant at $0.25 for a period of two years. The warrants are subject to an acceleration clause.
The units issued under the private placement are subject to a four-month hold period.
The proceeds from the private placement will be used for exploration on the Thundercloud Property and for general corporate purposes.
Dynasty Gold is a Canadian exploration company focused on gold exploration in North America with projects in Ontario and Nevada.
Dynasty Gold Corp. (DYG) opened trading at C$0.17 per share.