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Ready Set Gold (CSE:RDY) announces $750,000 private placement

Mining
CSE:RDY
29 September 2022 12:45 (EDT)

Source: Ready Set Gold

Ready Set Gold (RDY) is completing a private placement offering of up to $750,000.

The company will issue up to 10,714,286 units at $0.07 per unit. Each unit includes one common share and one common share purchase warrant. Each warrant entitles holders to acquire one common share of the company for 5 years from the closing date at $0.09 per share.

The proceeds from the offering are to be used for the company’s repayment of debt and general working capital.

All units to be issued are subject to a statutory 4-month hold period.

Ready Set Gold (RDY) is a precious metals exploration company.

Ready Set Gold (RDY) is unchanged, trading at C$0.09 at 11:52 am ET.


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