- Eminent Gold (EMNT) has closed the final tranche of its non-brokered private placement for gross proceeds of $1,396,999.90
- The offering consisted of 3,104,444 units at $0.45 per unit
- Eminent Gold Corp. is a gold exploration company focused on the exploration and discovery of world-class gold deposits in Nevada
- Eminent Gold Corp. (EMNT) opened trading at C$0.475
Eminent Gold (EMNT) has closed the final tranche of its non-brokered private placement for gross proceeds of $1,396,999.90.
Due to market demand, the company has increased the size of its non-brokered private placement from $1,250,000 to $1,397,000.
The offering consisted of 3,104,444 units at $0.45 per unit. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional share for a period of 36 months.
The warrants are subject to an acceleration clause.
All of the securities issued are subject to a statutory four-month hold period expiring January 8, 2023.
The company paid a total of $16,650 in finders’ fees in the first tranche of the offering. There were no finders’ fees paid in the second and final tranche.
Eminent Gold Corp. is a gold exploration company focused on the exploration and discovery of world-class gold deposits in Nevada. The company’s exploration assets in the Great Basin include Hot Springs Range Project, Weepah, Gilbert South, and Spanish Moon District.
Eminent Gold Corp. (EMNT) opened trading at C$0.475.