- Sylla Gold Corp. (SYG.H) has closed the final tranche of its previously announced non-brokered private placement for total gross proceeds of $2,799,500
- The company issued a total of 13,997,500 units at a price of $0.20 per unit
- The 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$0.20
Sylla Gold Corp. (SYG.H) has closed the final tranche of its non-brokered private placement for total gross proceeds of $2,799,500.
The company issued a total of 13,997,500 units at a price of $0.20 per unit. Each unit includes one common share and one share purchase warrant. Each warrant entitles the holder to acquire one additional share at a price of $0.32 for a period of two years from the closing of the offering.
All securities issued are subject to a four-month hold period.
The 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$0.20.