- Sylla Gold Corp. (SYG.H) has announced a non-brokered private placement for aggregate gross proceeds of up to $3,000,000
- The company will issue up to 15,000,000 units at $0.20 per unit
- Proceeds will be used for corporate and general working capital purposes
- Sylla Gold is an exploration stage company
- Shares of Sylla Gold Corp. (SYG.H) opened trading at C$0.18
Sylla Gold Corp. (SYG.H) has announced a non-brokered private placement for aggregate gross proceeds of up to $3,000,000.
The company will issue up to 15,000,000 units at a price of $0.20 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to acquire one additional share at a price of $0.32 for a period of two years.
All securities issued will be subject to a statutory four-month hold period.
Proceeds will be used for corporate and general working capital purposes, exploration and to satisfy payables.
Sylla Gold is an exploration stage company focused on acquiring, exploring, and developing mineral properties.
Shares of Sylla Gold Corp. (SYG.H) opened trading at C$0.18.