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Green River Gold Corp. (CSE:CCR) announces non- brokered private placements

Mining, The Market Online Deal Room
CSE:CCR
20 July 2022 09:00 (EDT)

Source: Green River Gold.

Green River Gold Corp. (CCR) has announced a non-brokered private placement of units for gross proceeds of up to $210,000.00.

The company will issue up to 3,000,000 units at $0.07 per unit. 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 three years.

Warrants are subject to an acceleration clause.

The proceeds of the unit offering will be used for the exploration of its mining properties, acquisition of drilling equipment and supplies, working capital and general corporate purposes.

The company also announced a non-brokered private placement of flow-through common shares for gross proceeds of up to $300,000.00.

The company will issue up to 4,000,000 flow-through common shares at $0.075 per share.

The company plans to use the proceeds of the flow-through offering for the continued exploration drilling on the Quesnel Nickel Project.

The unit offering and flow-through offering are expected to close on or about July 31, 2022 and are subject to the receipt of all necessary approvals, including the approval of the CSE.

Green River Gold Corp. is a Canadian mineral exploration company focused on its wholly-owned highgrade Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project which are located in renowned mining districts in British Columbia.

Green River Gold Corp. (CCR) opened trading at $0.06 per share.

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