- Baroyeca Gold & Silver (BGS) has announced a $2,000,000 non-brokered private placement
- The company plans to issue up to 20,000,000 units at a price of $0.10 per unit
- Each warrant entitles the holder to acquire one additional common share of the company at a price of $0.20 per share for a period of two years
- The company plans to use the proceeds from the private placement for exploration and operating expenses at its Colombian properties, property purchase payments, etc
- Baroyeca Gold & Silver Inc. is a Canada-based company primarily focused on the exploration of precious metals projects in Colombia
- Baroyeca Gold & Silver Inc. opened trading at $0.10 per share
Baroyeca Gold & Silver (BGS) has announced a $2,000,000 non-brokered private placement.
The company plans to issue up to 20,000,000 units at a price of $0.10 per unit.
Each unit consists of one common share and one non-transferable share purchase warrant.
Each warrant entitles the holder to acquire one additional common share of the company at a price of $0.20 per share for a period of two years.
The company may pay fees in cash and/or securities in connection with this financing.
Baroyeca plans to use the proceeds from the private placement for exploration and operating expenses at its Colombian properties, property purchase payments, corporate administration and general working capital.
The private placement is subject to acceptance for filing by the TSX Venture Exchange.
Baroyeca Gold & Silver Inc. is a Canada-based company primarily focused on the exploration of precious metals projects in Colombia.
Baroyeca Gold & Silver Inc. opened trading at $0.10 per share.