- Gladiator Metals (GLAD) has announced a non-brokered private placement to raise gross proceeds of up to C$3.1 million
- The company will issue flow-through shares at $0.37 and units at $0.35
- Gladiator will use the net proceeds for ongoing exploration at the Whitehorse Gold Project
- The offering is expected to close on March 15, 2023, pending regulatory approvals
- Gladiator Metals is focused on the exploration and development of multiple high-grade copper prospects in Canada’s Whitehorse Copper Belt
- Gladiator Metals Corp. (GLAD) opened trading at C$0.40
Gladiator Metals (GLAD) has announced a non-brokered private placement to raise gross proceeds of up to C$3.1 million.
The company will issue flow-through shares at $0.37 and units at $0.35. Each unit will include one common share and one-half of one common share purchase warrant. Each warrant will be exercisable into one common share for a period of 18 months.
Gladiator will use the net proceeds for ongoing exploration at the Whitehorse Gold Project in the Yukon and for general working capital purposes.
The offering is expected to close on or about March 15, 2023, subject to the receipt of all necessary approvals.
The securities issued will be subject to a statutory four-month hold period.
Gladiator Metals is focused on the exploration and development of multiple high-grade copper prospects in Canada’s Whitehorse Copper Belt.
Gladiator Metals Corp. (GLAD) opened trading at C$0.40.