- G2 Goldfields (GTWO) has closed its upsized non-brokered private placement for gross proceeds of $3,060,000
- The company issued a total of 6,800,000 units at $0.45 per unit
- Proceeds from the offering will be used to advance exploration activities at the OKO project
- G2 Goldfields is focused on discovering gold deposits in the Guiana Shield
- G2 Goldfields (GTWO) is unchanged, trading at C$0.43 per share at 2:40 pm EST
G2 Goldfields (GTWO) has closed its previously announced upsized non-brokered private placement for gross proceeds of $3,060,000.
The company issued a total of 6,800,000 units at $0.45 per unit. Each unit consisted of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional share for a period of two years following the date of issuance.
Company insiders subscribed for a total of 2,860,000 units.
Proceeds from the offering will be used to advance exploration activities at the OKO project, Guyana and for general corporate purposes.
G2 Goldfields is focused on discovering gold deposits in the Guiana Shield.
G2 Goldfields (GTWO) is unchanged, trading at C$0.43 per share at 2:40 pm EST.
