- Gander Gold Corporation (GAND) has announced a non-brokered private placement for gross proceeds of $3,210,000
- The company will issue up to 4,000,000 common shares, 3,500,000 flow-through shares and 2,750,000 charity flow-through shares
- Net proceeds will be used to fund ongoing exploration activities at Gander Gold’s properties in Newfoundland
- Gander Gold Corporation (GAND) is up 5.41 per cent on the day, trading at C$0.39 per share at 1 pm ET
Gander Gold Corporation (GAND) has announced a non-brokered private placement for gross proceeds of $3,210,000.
The company will issue up to 4,000,000 common shares, 3,500,000 flow-through shares and 2,750,000 charity flow-through shares.
Net proceeds will be used to fund ongoing exploration activities at Gander Gold’s properties in Newfoundland and for general working capital.
All securities issued are subject to a statutory four-month hold period.
Gander Gold is an exploration stage resource company focused on acquiring and exploring high-grade precious metal and base metal projects in the Central Newfoundland Gold Belt.
Gander Gold Corporation (GAND) is up 5.41 per cent on the day, trading at C$0.39 per share at 1 pm ET.
