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Green River Gold (CSE:CCR) announces $252,000 financing

Mining, The Market Online Deal Room, The Watchlist
CSE:CCR
24 March 2023 13:11 (EST)

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Green River Gold (CCR) will undertake a non-brokered private placement for up to $252,000.

The company will allocate net proceeds to continued exploration drilling on its Quesnel Nickel Project in British Columbia.

It will issue up to 3,600,000 units priced at $0.07.

Each unit consists of one flow-through common share and one-half-of-one common share purchase warrant.

Each warrant is exercisable to acquire one common share priced at $0.12 for two years following the closing of the offering.

The warrants are subject to acceleration, with 30 days’ notice, if the shares’ closing price is equal to or greater than $0.25 for 10 consecutive trading days.

The offering is expected to close on or about March 31, 2023.

CEO Perry Little spoke with Shoran Devi about the news.

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

Green River Gold (CCR) opened unchanged trading at $0.055 per share.


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