Probe Gold's Novador project
Novador Project Source: Probe Gold Inc.
  • Probe Gold (PRB) has announced a flow-through share offering for gross proceeds of $15,000,076
  • The company has agreed to sell 7,389,200 flow-through common shares at a price of $2.03 per share
  • The gross proceeds of the offering will be used to finance further exploration of the company’s Novador Gold and Detour Gold projects in Quebec
  • Probe Gold Inc. (PRB) opened trading at C$1.32

Probe Gold (PRB) has announced a flow-through share offering for gross proceeds of $15,000,076.

The company signed an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters to sell, on a bought-deal basis, 7,389,200 flow-through common shares at a price of $2.03 per share.

The gross proceeds of the offering will be used to finance further exploration of the company’s Novador Gold and Detour Gold projects in Quebec.

The offering is expected to close on or about March 27, 2023, and is subject to all necessary regulatory approvals.

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

About Probe Gold

Probe Gold is a leading Canadian gold exploration company focused on acquiring and developing highly prospective gold properties. 

Probe Gold Inc. (PRB) opened trading at C$1.32.


More From The Market Online
Scandium Canada logo

Scandium Canada significantly increases Quebec resource

Scandium Canada (TSXV:SCD) announces a value-accretive increase in estimated mineral resources at its Crater Lake project in Quebec.
Drilling at Coppernico Metals' Sombrero copper and gold project in Peru

A mispriced junior copper stock with district-scale potential

Coppernico Metals (TSX:COPR) is a junior copper stock active in Peru making tangible progress towards its district-scale ambitions.
Lithium Americas logo on phone over arrows pointing up

World’s top lithium project fully funded for 2027 production

Lithium Americas (TSX:LAC) closes a US$250 million investment from funds managed by Orion Resource Partners.
(Overall view of the process plant looking southwest. Source: Robex Resources Inc.)

Robex progresses Kiniero toward first gold in Q4 2025

Gold producer and developer Robex Resources (TSXV:RBX) provided a construction update for its Kiniero Gold Project in Guinea, West Africa.