- P2 Gold (PGLD) has announced a non-brokered private placement for gross proceeds of up to $1 million
- The company intends to issue up to four million units at $0.27 per unit
- Each whole warrant will entitle the holder to purchase one additional common share for $0.50
- The company intends to use the proceeds of the offering to fund exploration and engineering expenditures and for general corporate purposes
- P2 Gold Inc. is a mineral exploration, and development company focused on advancing precious metals and copper discoveries and acquisitions
- P2 Gold Inc. opened trading at $0.30 per share
P2 Gold (PGLD) has announced a non-brokered private placement for gross proceeds of up to $1 million.
The company will offer up to four million units at $0.27 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at an exercise price of $0.50 for a period of two years from the date of issue.
P2 Gold intends to use the proceeds of the offering to fund exploration and engineering expenditures and for general corporate purposes.
All securities issued in connection with the offering will be subject to a four-month hold period.
P2 Gold Inc. is a mineral exploration and development company focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia.
P2 Gold Inc. opened trading at $0.30 per share.