20:33:30 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Barisan Gold Corp
Symbol BG
Shares Issued 69,903,864
Close 2017-03-20 C$ 0.02
Market Cap C$ 1,398,077
Recent Sedar Documents

Barisan increases private placement to $750,000

2017-03-21 02:41 ET - SMF Withdrawn

An anonymous director reports

BARISAN GOLD CORP. INCREASES PRIVATE PLACEMENT UP TO $750,000

Due to investor interest, Barisan Gold Corp. is increasing the private placement announced March 9, 2017, from $500,000 to up to $750,000.

The private placement is priced at a postconsolidated (one new share for five old shares) price of 10 cents per unit. Each unit will consist of one common share of the company and one non-transferable share purchase warrant. Each whole share purchase warrant shall be exercisable to acquire one additional common share of the company for a period of 24 months at a postconsolidated price of 15 cents per share purchase warrant.

The company intends to use the proceeds from the private placement to review further technology metal investment opportunities and finance exploration on the Railroad Valley lithium brine property and the Black Canyon lithium clay property, as well as for general administrative purposes. The private placement is subject to acceptance by the TSX Venture Exchange. All the securities issued under the private placement are subject to resale restrictions under applicable securities legislation.

The offering will be non-brokered; however, the company may pay finders' fees in accordance with the rules and policies of the TSX Venture Exchange.

We seek Safe Harbor.

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