- EnGold (EGM) has closed a non-brokered private placement for gross proceeds of $525,000
- The company issued 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$0.09
EnGold (EGM) has closed its previously announced non-brokered private placement for gross proceeds of $525,000.
The company issued 3,500,000 units at $0.15 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional share 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.
All securities issued are subject to a statutory four-month hold period expiring February 1, 2023.
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$0.09.