- P2 Gold (PGLD) has revised the terms of its non-brokered private placement
- Each unit will now consist of one whole (previously one-half) share purchase warrant
- Each warrant will now entitle the holder to purchase one additional common share at an exercise price of $0.40 (previously $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 company focused on advancing precious metals and copper discoveries and acquisitions
- P2 Gold Inc. opened trading at $0.265 per share
P2 Gold (PGLD) has revised the terms of its previously announced non-brokered private placement.
Each unit will now consist of one common share and one whole (previously one-half) common share purchase warrant. Each warrant will now entitle the holder to purchase one additional common share at an exercise price of $0.40 (previously $0.50) for a period of two years.
Warrants are subject to an acceleration clause.
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 is a mineral exploration company focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia.
P2 Gold Inc. (PGLD) opened trading at $0.265 per share.