- EnGold Mines (EGM) has announced a non-brokered private placement for gross proceeds of $525,000
- The company will issue 3,500,000 units at $0.15 per unit
- Proceeds will be used to explore the company’s Lac La Hache Property in B.C.
- EnGold is a Vancouver-based copper, gold, silver, and magnetite exploration company
- Engold Mines Ltd. (EGM) opened trading at C$0.10
EnGold Mines (EGM) has announced a non-brokered private placement for gross proceeds of $525,000.
The company will issue 3,500,000 units at $0.15 per unit. The units will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price of $0.20 for a period of two years.
Proceeds will be used to explore the company’s Lac La Hache Property in the Cariboo region of BC and for general working capital purposes.
No finders’ fees or commissions will be paid.
The securities issued will be subject to a statutory four-month hold period.
EnGold is a Vancouver-based copper, gold, silver, and magnetite exploration company focused on its 100 per cent owned Lac La Hache property in the Cariboo region of B.C.
Engold Mines Ltd. (EGM) opened trading at C$0.10.