- The company has issued 3,150,000 units at C$0.10 per unit for gross proceeds of C$315,000
- Provenance paid finders’ fees of $13,800
- Provenance Gold has entered into debt settlement agreements to settle outstanding indebtedness of $167,000 in exchange for 1,670,000 common shares
- Provenance Gold Corp. is a precious metals exploration company focused on gold and silver resources within North America
- Provenance Gold Corp (PAU) opened trading at $0.105 per share
Provenance Gold Corp (PAU) is pleased to report the closing of a non-brokered private placement.
The company has issued 3,150,000 units at C$0.10 per unit for gross proceeds of C$315,000.
Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for $0.15 until April 21, 2026.
Provenance paid finders’ fees of $13,800.
Provenance Gold has entered into debt settlement agreements with certain directors and officers to settle outstanding indebtedness of $167,000 in exchange for 1,670,000 common shares.
All securities issued in connection with the private placement, together with the 1,670,000 common shares issuable in settlement of accrued liabilities, are subject to a four-month-and-one-day statutory hold period.
Proceeds will go towards exploration advancement and general working capital.
Provenance Gold Corp. is a precious metals exploration company focused on gold and silver resources within North America.
Provenance Gold Corp (PAU) opened trading at $0.105 per share.