- Ready Set Gold (RDY) has closed a private placement for total gross proceeds of $476,850
- The company issued 6,812,143 units for $0.07 per unit
- The proceeds will be used to repay debt and for general working capital
- Ready Set Gold Corp. is a precious metals exploration company with a 100 per cent interest in the Northshore Gold Property near Thunder Bay
- Ready Set Gold Corp. (RDY) opened trading at C$0.075
Ready Set Gold (RDY) has closed its previously announced private placement for total gross proceeds of $476,850.
The company issued 6,812,143 units for $0.07 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share for a period of five years from the closing of the offering at an exercise price of $0.09 per share.
The company agreed to pay finder’s fees consisting of $3,543 in cash and 50,614 finder’s warrants.
All securities issued will be subject to a statutory four-month hold period expiring on March 25, 2023.
The proceeds will be used to repay debt and for general working capital.
Ready Set Gold Corp. is a precious metals exploration company. The company owns a 100 per cent interest in the Northshore Gold Property near Thunder Bay.
Ready Set Gold Corp. (RDY) opened trading at C$0.075.