PriceSensitive

Opus One Gold (TSXV:OOR) announces flow-through private placement

Mining, The Market Online Deal Room
TSXV:OOR
20 December 2022 08:45 (EST)

Source: Opus One Gold Corporation

Opus One Gold Corp. (OOR) announced a non-brokered private placement for gross proceeds of up to C$200,000.

The company will issue flow-through units. Each FT unit, priced at $0.02, will consist of one flow-through common share and one-half of one non-flow-through share purchase warrant. Each warrant entitles the holder to acquire one additional share at an exercise price of $0.05 for a period of 24 months following the closing of the offering.

The gross proceeds from the issuance of the FT units will be used for Canadian exploration expenses.

Opus One Gold Corporation is a mining exploration company focused on discovering high quality gold and base metals deposits in proven mining camps, close to existing mines in the Abitibi Greenstone Belt, north-western Quebec and north-eastern Ontario – one of the most prolific gold mining areas in the world. Opus One holds assets in Val-d’Or and Matagami areas.

Opus One Gold Corporation (OOR) opened trading at $0.01.


Related News