Tuesday, December 5, 2023
10:57 AM EST – Signal Gold Inc. : Has upsized its previously announced non-brokered private placement to now raise gross proceeds of up to $2,720,000. The Offering will now consist of up to 1,266,666 units of the Company at a price of $0.15 per Unit, and up to 14,882,447 “flow-through” units of the Company at a price of $0.17 per FT Unit. Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each FT Unit will consist of one Common Share to be issued as a “flow-through share” as defined in subsection 66 (15) of the Income Tax Act (Canada) and one-half of one Warrant, to be issued on a non-flow-through basis. Signal Gold Inc. (T.SGNL ) shares were down $2.23 at 38.2.
Stocks in Play: Signal Gold Inc., Tue, 05 Dec 2023 11:12:06 EST