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Go Metals (CSE:GOCO) closes private placement

Mining
CSE:GOCO
10 May 2022 08:45 (EDT)
Go Metals - CEO, Scott Sheldon.

Source: Go Metals.

Go Metals (GOCO) has closed a non brokered private placement for gross proceeds of $600,000.

The company issued a total of 2,000,003 Quebec flow-through shares at a price of $0.03 per share.

Each warrant will entitle the holder to acquire one additional common share at a price of $0.30 for a period of 24 months.

Net proceeds will be used to fund exploration expenditures on the HSP property in Quebec and for general working capital.

All securities issued will be subject to a four-month hold period.

Go Metals targets Canadian metal projects to help meet the demand for a resource-powered future.

Go Metals Corp (GOCO) opened trading at C$0.145 per share.

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