The gross proceeds from the two tranches total
The Offering consisted of flow-through and non-flow-through components.
As part of the flow-through offering, Company issued 1,571,500 flow-through shares ('FT Share') at a price of
As part of the non-flow-through offering,
In connection with the closing of the private placement, the Company will pay a cash finder's fee of
In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance.
Completion of the private placement and payment of any finder's fees remain subject to the receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange (the 'CSE').
About
Contact:
Email: investors@biggold.ca.
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results.
(C) 2023 Electronic News Publishing, source