PriceSensitive

Visionary Gold Corp. (TSXV:VIZ) upsizes private placement to $1,750,000

Mining, The Market Online Deal Room
TSXV:VIZ
12 July 2022 11:00 (EST)

This browser does not support the video element.

Visionary Gold Corp. (VIZ) has increased its previously announced non-brokered private placement.

Visionary Gold Corp. will sell up to 35,000,000 units at $0.05 per unit for gross proceeds of up to $1,750,000.

Each unit consists of one common share of the company and one half of one common share purchase warrant.

Each warrant entitles the holder to acquire one common share of the company at a price of $0.10 for a period of 24 months from the closing date of the offering.

The company plans to use the net proceeds to fund its 2022 exploration program and for general working capital purposes.

The offering is expected to close on or about July 15, 2022.

Visionary Gold Corp is a Vancouver-based mineral exploration company focused on new precious and base metals discoveries in Fremont County, Wyoming.

Visionary Gold Corp. is unchanged on the day, trading at $0.065 at 10:54 AM ET.

Related News