Prosper Gold Corp. Closes Private Placement
2024年7月26日 - 5:20AM
Prosper Gold Corp. ("
Prosper Gold" or the
"
Company") (TSXV:PGX) announces that it has closed
a private placement of 3,875,000 flow-through units (each, a
“
FT Unit”) at a price of $0.12 per FT Unit for
aggregate gross proceeds to the Company of $465,000 (the
“
Financing”).
Each Unit consists of one common share of the
Company that qualify as “flow through shares” for purposes of the
Income Tax Act (Canada) (each, a “FT Share”) and
one-half of one common share purchase warrant (each whole warrant,
a “Warrant”). Each Warrant entitles the holder to
acquire one common share of the Company (each, a “Common
Share”) at an exercise price of $0.20 (the
“Exercise Price”) for a period of 24 months
following the closing date (the “Closing
Date”).
The Company paid an aggregate of $6,972 in cash
and issued an aggregate of 58,100 common share purchase warrants
(each, a "Broker Warrant") to
finders in connection with closing the Financing. Each Broker
Warrant is non-transferable and exercisable for one Common Share at
the Exercise Price for a period of 24 months following the Closing
Date.
Prosper Gold expects to use the net proceeds
from the Financing to fund exploration activities at the Company’s
Cyprus Project.
The Financing involves related parties (as such
term is defined under Multilateral Instrument 61-101 – Protection
of Minority Security Holders in Special Transactions (“MI
61-101”)) and therefore constitutes a related party
transaction under MI 61-101. This transaction is exempt from the
formal valuation and minority shareholder approval requirements of
MI 61-101 pursuant to sections 5.5(a) and 5.7(a) of MI 61-101, as
the fair market value of the securities to be distributed and the
consideration to be received for the securities under the Financing
does not exceed 25% of the Company's market capitalization.
All securities issued pursuant to the Financing
will be subject to a four month and one day hold period in
accordance with applicable securities laws. The securities
described herein have not been, and will not be, registered under
the United States Securities Act of 1933, as amended, and were not
permitted to be offered or sold within the United States absent
registration or an applicable exemption from the registration
requirements of such Act.
The company also announces that it has granted
500,000 stock options (“Options”) to each of Jim
Miller-Tait, Jason Hynes and Wes Carson exercisable at a price of
$0.15 per share for a period of five years and that vest equally
every six months over a two-year period. The Options have been
granted in accordance with the policies of the TSX Venture Exchange
and the conditions of the company's stock option plan.
For a detailed overview of Prosper Gold please
visit www.ProsperGoldCorp.com
ON BEHALF OF THE BOARD OF
DIRECTORS
Per: “Peter Bernier”Peter BernierPresident &
CEO
For further information, please contact:
Peter BernierPresident & CEOProsper Gold
Corp.Cell: (250) 316-6644Email: Pete@ProsperGoldCorp.com
Unless otherwise specified, all dollar amounts
used herein refer to the law currency of Canada.
Certain information in this news release
constitutes forward-looking statements under applicable securities
law. Any statements that are contained in this news release that
are not statements of historical fact may be deemed to be
forward-looking statements. Forward-looking statements are often
identified by terms such as “may”, “should”, “anticipate”,
“expect”, “intend” and similar expressions. Forward-looking
statements in this news release include, but are not limited to,
statements with respect to the use of proceeds from the Financing
and the exercise of the Warrants and Broker Warrants.
Forward-looking statements necessarily involve known and unknown
risks, including, without limitation, the Company’s ability to
implement its business strategies; risks associated with mineral
exploration and production; risks associated with general economic
conditions; adverse industry events; marketing and transportation
costs; loss of markets; volatility of commodity prices; inability
to access sufficient capital from internal and external sources,
and/or inability to access sufficient capital on favourable terms;
industry and government regulation; changes in legislation, income
tax and regulatory matters; competition; currency and interest rate
fluctuations; and other risks. Readers are cautioned that the
foregoing list is not exhaustive.
Readers are further cautioned not to place undue
reliance on forward-looking statements as there can be no assurance
that the plans, intentions or expectations upon which they are
placed will occur. Such information, although considered reasonable
by management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.
The forward-looking statements contained in this
news release represent the expectations of the Company as of the
date of this news release, and, accordingly, are subject to change
after such date. The Company does not undertake any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
expressly required by applicable securities law.
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this
release.
Prosper Gold (TSXV:PGX)
過去 株価チャート
から 11 2024 まで 12 2024
Prosper Gold (TSXV:PGX)
過去 株価チャート
から 12 2023 まで 12 2024