- Gold’n Futures Mineral Corp. (FUTR) has announced non-brokered private placement financing for gross proceeds of up to $2,000,000
- The company will issue up to 40,000,000 flow-through units at $0.05 per unit
- Net proceeds will be used to fund the exploration of the Hercules Project
- Gold’n Futures is a Canada-based exploration company focused on advancing its Hercules gold project located 200 kilometres northeast of Thunder Bay
- Gold’n Futures Mineral Corp. (FUTR) is unchanged on the day, trading at C$0.04 per share at 12 pm ET
Gold’n Futures Mineral Corp. (FUTR) has announced non-brokered private placement financing for gross proceeds of up to $2,000,000.
The company will issue up to 40,000,000 flow-through units at $0.05 per unit. Each FT unit will consist of one common share and one common share purchase warrant. Each warrant is exercisable to acquire one additional common share for a 24-month term.
Completion of the offering is subject to the approval of the Canadian Securities Exchange and other requisite approvals.
All of the securities issued will be subject to a statutory four-month hold period.
Net proceeds will be used to fund the exploration of the Hercules Project in northern Ontario. Gold’n Futures plans to advance the Hercules Project with a program of structural mapping, ground geophysical surveys, diamond drilling, and prospecting of new showings and recently defined targets.
Gold’n Futures is a Canada-based exploration company focused on advancing its Hercules gold project located 200 kilometres northeast of Thunder Bay, Ontario.
Gold’n Futures Mineral Corp. (FUTR) is unchanged on the day, trading at C$0.04 per share at 12 pm ET.