- Green River Gold Corp. (CCR) announced plans to undertake a non-brokered unit and flow-through shares offering
- The company will issue up to 2,000,000 units at $0.07 per unit for gross proceeds of $140,000.00 and up to 4,000,000 flow-through common shares for gross proceeds of up to $320,000.00
- The unit offering and FT Share offering are both expected to close on or about November 15, 2022
- Green River Gold is a mineral exploration company focused on precious and base metal projects in B.C.
- Green River Gold Corp. (CCR) is unchanged on the day, trading at $0.08 per share at 10:00 am ET
Green River Gold Corp. (CCR) announced plans to undertake a non-brokered unit and flow-through shares offering.
The company will issue up to 2,000,000 units at $0.07 per unit for gross proceeds of up to $140,000.00. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one additional share for a period of 4 years following the closing of the offering at an exercise price of $0.09 per share.
Warrants are subject 6to an acceleration clause.
The company intends to use the proceeds for exploration of the company’s mineral and placer claims, investment in mining-related businesses and general working capital.
No commissions will be paid. However, the company may pay a finder’s fee. The finder’s fees may be paid in cash and/or units at the option of the finder.
Green River Gold also plans to undertake a non-brokered private placement of up to 4,000,000 flow-through common shares for gross proceeds of up to $320,000.00. Each FT Share will be offered at a price of $0.08. One-half of one common share purchase warrant will be issued for each FT share issued under the offering. Each warrant can be exercised to acquire one warrant share for a period of 2 years following the closing of the flow-through offering at an exercise price of $0.12 per warrant share.
The company intends to use the proceeds of the flow-through offering for the continued exploration of the Quesnel Nickel Project.
No commissions will be paid with respect to the FT offering. However, the company may pay a cash finder’s fee.
The unit offering and FT offering are both expected to close on or about November 15, 2022.
Green River Gold is a mineral exploration company focused on precious and base metal projects in B.C.
Green River Gold Corp. (CCR) is unchanged on the day, trading at $0.08 per share at 10:00 am ET.