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Solstice Gold (TSXV:SGC) announces $1.5M non-brokered private placement

Mining, The Market Online Deal Room
TSXV:SGC
24 December 2021 09:15 (EST)

Source: Solstice Gold Corp.

Solstice Gold (SGC) has announced its intention to complete a non-brokered private placement for proceeds of approximately $1.5 million.

The offering will consist of up to 6,521,739 flow-through common shares.

The gross proceeds raised from the offering will be used to fund exploration programs that qualify as “Canadian Exploration Expenses” and “flow-through mining expenditures” at the company’s mining projects in Ontario.

The offering is expected to close on or before December 31, 2021.

The FT shares will be subject to a statutory four-month hold period.

Solstice Gold Corp is a gold exploration company with projects in established mining regions of Canada.

Solstice Gold Corp. (SGC) opened trading at C$0.205 per share.

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