- Visionary Gold Corp. (VIZ) has announced a non-brokered private placement for gross proceeds of up to $1,000,000
- The company will issue up to 13,333,334 units at a price of C$0.075 per unit
- Each unit will include one common share and one half of one common share purchase warrant
- The net proceeds from the offering will be used to fund the company’s 2022 exploration program and for general working capital purposes
- Visionary Gold Corp is a Vancouver-based mineral exploration company focused on making new precious and base metals discoveries in Fremont County, Wyoming
- Visionary Gold Corp. opened trading at $0.08
Visionary Gold Corp. (VIZ) has announced a non-brokered private placement for gross proceeds of up to C$1,000,000.
The company will issue up to 13,333,334 units for C$0.075 per unit.
Each unit will consist of one common share of the company and half of one common share purchase warrant.
Each warrant will entitle the holder thereof to acquire one common share of the company at a price of $0.15 for a period of 12 months from the closing date of the offering.
The net proceeds from the offering will be used to fund the company’s 2022 exploration program and for general working capital purposes.
The closing of the offering is expected to occur on or about June 21, 2022, and is subject to receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.
The unit shares, warrants and warrant shares will be subject to a hold period of four months and one day in accordance with applicable securities laws.
Visionary Gold Corp is a Vancouver-based mineral exploration company focused on making new precious and base metals discoveries in Fremont County, Wyoming.
Visionary Gold Corp. opened trading at $0.08.