Thursday, April 20, 2023
12:44 PM EST – Ascot Resources Ltd : Announces that pursuant to its news release dated April 12, 2023, the C$4.0 million non-brokered flow through private placement has been closed. The Offering raised total gross proceeds of C$4,050,000 and consisted of 5,000,000 common shares of the Company, which qualify as “flow-through shares” within the meaning of the Income Tax Act, at a price of C$0.81 per FT Share. The proceeds from the Offering will be used to fund the 2023 exploration program at the Company’s Premier Gold Project, located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Ascot Resources Ltd (T.AOT) shares were up one cent at 0.63.
Stocks in Play: Ascot Resources Ltd, Thu, 20 Apr 2023 12:57:07 EST