- General Copper Gold (GGLD) has closed a non-brokered private placement raising aggregate gross proceeds of $748,000
- The company issued 3,740,000 units at a price of $0.20 per unit
- Net proceeds will be used to fund the exploration of the company’s Topley Richfield property
- General Copper Gold Corp. is a Canada-based mineral exploration company
- General Copper Gold Corp. (GGLD) opened trading at C$0.26 per share
General Copper Gold (GGLD) has closed a non-brokered private placement raising aggregate gross proceeds of $748,000.
The company issued 3,740,000 units at a price of $0.20 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable at a price of $0.40 for a period of 12 months.
Net proceeds will be used to fund the exploration of the company’s Topley Richfield property and for general working capital.
The securities issued under this financing are subject to a hold period and may not be traded until August 28, 2022.
General Copper Gold Corp. is a Canada-based mineral exploration company engaged in the business of exploring for and evaluating mineral properties.
General Copper Gold Corp. (GGLD) opened trading at C$0.26 per share.