• G2 Goldfields (GTWO) has closed a non-brokered private placement for gross proceeds of  $13,370,019.60
  • The proceeds from the offering will be used to advance exploration activities at the company’s OKO project in Guyana
  • G2 Goldfields Inc is a Canada-based company engaged in the business of acquiring and exploring mineral properties
  • G2 Goldfields Inc. is up 1.35 per cent on the day, trading at C$0.75 per share at 4:30 pm ET

G2 Goldfields (GTWO) has closed its previously announced non-brokered private placement for gross proceeds of  $13,370,019.60.

The first tranche of the offering consisted of 19,733,401 common shares for gross proceeds of $11,840,040.60.

The second tranche consisted of 2,549,965 common shares for gross proceeds of $1,529,979.

The proceeds from the offering will be used to advance exploration activities at the company’s OKO project, Guyana and for general corporate purposes.

All of the shares issued under the second tranche of the offering are subject to a hold period which will expire on November 30, 2022.

G2 Goldfields Inc is a Canada-based company engaged in acquiring and exploring mineral properties.

G2 Goldfields Inc. (GTWO) is up 1.35 per cent on the day, trading at C$0.75 per share at 4:30 pm ET.


More From The Market Online

Rock Tech notches approvals for German lithium refinery

Rock Tech Lithium (TSXV:RKC) reveals it has received the full permits for its planned lithium refinery in Guben, Germany.
The Market Online Video

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle

Graham Downs and Adam Coulter of Cascadia Minerals (TSXV:CAM) discuss promising projects in the Yukon Territory and British Columbia.

Microcap Star Diamond releases robust diamond valuation

Star Diamond (TSX:DIAM), a microcap mining stock, releases a prospective diamond valuation for three major kimberlite units in Saskatchewan.
The Market Online Video

High-quality lithium projects in Argentina with drilling underway

Argentina Lithium & Energy (TSXV:LIT) is focused on acquiring high-quality lithium projects and advancing them towards production.