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Solstice Gold Corp. (TSXV:SGC) upsizes private placement

Mining, The Market Online Deal Room
TSXV:SGC
11 August 2022 08:45 (EDT)

Solstice Gold Corp. (SGC) has upsized its previously announced non-brokered private placement for gross proceeds of $3M.

Participation continues to be led by members of the board of directors, the management team, and a new institutional investor.

The new offering consists of units, priced at $0.12 and flow-through units, priced at $0.135.

The gross proceeds will fund exploration at the company’s mining projects in Ontario and for general corporate and working capital.

The offering is still expected to close on or before August 19, 2022.

Solstice Gold Corp is a gold exploration company. Its material property is the gold project at the Kahuna Property and Red Lake Extension project.

Solstice Gold Corp. (SGC) opened trading at C$0.125 per share.


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