- Visionary Gold (VIZ) announced a non-brokered private placement for gross proceeds of up to $1,500,000
- Visionary Gold will use the net proceeds to fund the company’s 2023 exploration program and for general working capital purposes
- Visionary Gold is a Vancouver-based mineral exploration company
- Visionary Gold Corp. (VIZ) opened trading at C$0.07 per share
Visionary Gold (VIZ) announced a non-brokered private placement for gross proceeds of up to $1,500,000.
The company plans to issue up to 21,428,571 units at $0.07 per unit. Each unit will comprise of one common share and one half of one common share purchase warrant. Each warrant entitles the holder to acquire one common share at $0.14 for three years from the closing date.
Visionary Gold will use the net proceeds to fund the company’s 2023 exploration program and for general working capital purposes.
The company expects the closing of the offering to occur on or about April 18, 2023 and is subject to receipt of all necessary regulatory approvals.
The Unit Shares, Warrants and Warrant Shares will be subject to a statutory hold period of four months.
The company may pay finders fees in connection with the offering.
About Visionary Gold Corp
Visionary Gold is a Vancouver-based mineral exploration company. It focuses on making new precious and base metals discoveries in Fremont County, Wyoming.
The company now controls a land package greater than 50 square kilometres with numerous drill ready targets. These are all accessible by road and within a one-hour drive from Visionary’s US headquarters in Lander, Wyoming.
Visionary Gold Corp. (VIZ) opened trading at C$0.07 per share.