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Gold’n Futures (CSE:FUTR) announces $1M private placement

Mining, The Market Online Deal Room
CSE:FUTR
10 March 2022 14:30 (EDT)

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Gold’n Futures (FUTR) has announced a non-brokered private placement for gross proceeds of up to $1,000,000.

The company will issue units at a price of $0.055 and flow-through units at a price of $0.065.

Each unit will consist of one common share and one share purchase warrant. Each FT unit will consist of one common flow-through share and one warrant. Each warrant shall entitle the holder to purchase one common share at a price of $0.10 for up to 24 months following the closing of the offering.

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

The company intends to use the net proceeds from the private placement for exploration of the Hercules Project in northern Ontario and for general corporate purposes.

Gold’n Futures Mineral Corp. is a Canadian-based exploration company focused on advancing its Hercules Gold Project.

Gold’n Futures Mineral Corp. (FUTR) is down 8.33 per cent on the day, trading at C$0.055 per share at 2:30 pm EST.

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