- Sylla Gold Corp. (SYG) has arranged a non-brokered private placement of up to 10,000,000 units at a price of $0.10 per unit for gross proceeds of up to $1,000,000
- Each unit will be made up of one common share in the capital of the company and one-half of one common share purchase warrant
- Sylla Gold intends to use the proceeds from the offering for corporate and general working capital purposes, and exploration activities
- Sylla Gold Corp. is an exploration-stage company involved in the business of acquiring, exploring, and developing mineral properties
- Sylla Gold Corp. opened trading at $0.11 per share
Sylla Gold (SYG) has arranged a non-brokered private placement of up to 10,000,000 units at a price of $0.10 per unit for gross proceeds of up to $1,000,000.
Each unit will be made up of one common share in the capital of the company and one-half of one common share purchase warrant.
Each warrant shall entitle the holder to acquire one common share at a price of $0.15 per common share for a period of two years from the date of issuance.
All securities issued concerning the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.
Sylla Gold intends to use the proceeds from the offering for corporate and general working capital purposes and exploration activities.
The closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.
The company has engaged Canaccord Genuity Corp. to act as an advisor for the offering.
Sylla Gold Corp. is an exploration-stage company involved in the business of acquiring, exploring, and developing mineral properties.
Sylla Gold Corp. opened trading at $0.11 per share.